New Zealand Dollar Weakens as English Predicts Recession
GBP Falls vs. USD, Rises vs. EUR As BOE Keeps Policy Unchanged
Japanese Yen Falls as Investors Prefer Risk
The healthy shape of the global economy prompts the investors to sell the Japanese yen in favor of the riskier assets, driving the currency down.
Not only the
USD/JPY rose from 82.36 to 82.49 as of 14:06 GMT today.
If you have any questions, comments or opinions regarding the Japanese Yen, feel free to post them using the commentary form below.
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Earlier News About the Japanese Yen:
- Yen Weakens as Economic Recovery Progresses (2011-02-02)
- Yen Slumps After S&P Downgrades Japan's Rating (2011-01-27)
- Yen Tumbles vs. Euro on Signs of Recovery, Rises vs. Dollar (2010-12-17)
- Yen Falls vs. Dollar on Signs of Economic Recovery (2010-12-13)
- Yen Gains as China's Economy Slows & Debt Crisis Threatens EU (2010-12-07)
