Fresh Lows in USD/YEN
Tweet
Share
E-mail
The currency market is seeing a huge intra-day move in USD/JPY as the currency pair breaks levels not seen since February. The move is tied to weak manufacturing "Philly Fe" data out of the US.
The spot price of USD/JPY is nearing 79, which could prove to be supportive.
USD/JPY can be traded using the ETF CurrencyShares Japanese Yen Trust (NYSE: FXY).
The spot price of USD/JPY is nearing 79, which could prove to be supportive.
USD/JPY can be traded using the ETF CurrencyShares Japanese Yen Trust (NYSE: FXY).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Yen Jumps More Than 1% To Trade At 158.22 Per Us Dollar
- Crude Inventory Fell 4.5M Barrels Last Week - EIA
- Dollar jumps after Warsh comments, set for weekly gain
Create E-mail Alert Related Categories
ETFsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
