(MENAFN– ecpulse)
Japanese yen advanced during today’s Asian session after the recent posted economic data in Japan, where Japanese economy noticed a more-than-estimated drop in its industrial production reading, which may indicate a further stimulus during the upcoming period.
Moreover, American dollar recorded its biggest weekly drop versus Japanese yen in more than a month amid the recent instable scene in the U.S. over the political budget hassle, which threats the U.S. government shutdown.
USD/JPY pair fell today to low of 97.672 from high of 97.874, where the pair started today’s session at 97.801.
Moreover, Japanese yen advanced versus euro during today’s session, where the EUR/JPY pair fell to record low of 131.837 from high of 132.107. GBP/JPY pair also fell to low of 157.918 from high of 158.260, where the pair started today’s session at 158.109.
From another side, euro fell versus American dollar today after its pervious series of gains, where the EUR/USD pair recorded low of 1.34908 from high of 1.34977.
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