Japanese Yen Falls as Investors Prefer Risk

  February 09th, 2011 at 14:06

Japanese yenThe 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 higher-yielding currencies may be more attractive than the yen. The economic growth in the US causes talks about possible increase of the interest rates, increasing attractiveness of the US dollar, while the interest rates hike in Japan is considered to be far ahead.

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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