Foreign Exchange Rates Yen Commentary for 2-May-06

Japanese Yen Exchange Rate

 

Live quote on the Japanese Yen Rate 
Call us at: 1-800-374-8077

Currency Exchange Rates

Japanese Yen Commentary for April 16, 2007

Japanese Yen Commentary

Reuters is reporting that the yen hit a record low versus the euro on Monday after Group of Seven finance officials did not express concern about the Japanese currency's weakness at a weekend meeting, prompting traders to load up on carry trades. This should put downward pressure on the Yen.

Foreign Exchange Rates - Canadian Exchange Rate - US Exchange Rate Quote

top

© theFinancials.com
All rights reserved.  Republication or redistribution of this content is expressly prohibited without the prior written consent of theFinancials.com.

DISCLAIMER: Commentary and market information is provided for informational purposes only.  The information contained in this report is gathered from reputable sources and is not intended to be used as investment advice.  theFinancials.com assumes no responsibility or liability from gains or losses incurred by the information herein contained.