Tuesday, August 24, 2010

Japanese Yen Hits 83.59 Against US Dollar, 15-Year High

Derisking continues, and yen continues to rise. No end in sight. Japan's Finance Minister Yoshihiko Noda held an emergency press conference but he did not commit to currency intervention.

Below is an intraday chart of USDJPY.

This is 15-year high for JPY against USD. JPY also hit 9-year high against Euro.


Post a Comment