(MENAFN– ecpulse)
The Japanese yen climbed in Monday early trades against major pairs, where the U.S. Treasure Secretary called for increasing the U.S. debt limit, which boosted demand on the yen as a safe –haven currency.
Moreover, Japanese yen noticeably climbed versus dollar, having the USD/JPY pair recording a low of 97.012 after hitting its high at 97.267, while the pair started today’s session at 97.267.
EUR/JPY fell to record a low of 131.623 from a high of 131.980, while the pair started today’s session at 131.980. GBP/JPY pair shed to a low of 155.603 from a high of 156.036, as the pair opened the session at 156.016.
From another side, Australia and New Zealand dollar noticeably fell against the greenback amid the recent raised concerns by Moody’s Asia’s growth forecasts, as it may slows amid the current global environment.
AUD/USD pair fell to record a low of 0.94175 after reaching high of 0.94482, while the NZD/USD pair recorded la ow of 0.82906 from high of 0.83175.
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