Straits Times Index
3,337.96 -5.39 (-0.16%) Nikkei
39,662.65 +321.11 (+0.82%) Hang Seng
17,797.71 +81.24 (+0.46%) FTSE 100
8,179.68 -45.65 (-0.55%) Bitcoin USD
61,767.82 +782.53 (+1.28%) CMC Crypto 200
1,288.47 +22.33 (+1.76%)
USD/JPY (JPY=X)
| Previous close | 160.7200 |
| Open | 160.7240 |
| Bid | 161.0130 |
| Day's range | 160.6280 - 161.2820 |
| 52-week range | 137.3150 - 161.2820 |
| Ask | 161.0140 |
- Yahoo Finance Video
Japanese yen hits weakest level against UD dollar since 1986
The Japanese yen (6J=F) has hit its weakest level against the US dollar (JP=X) since 1986. In response, Japan's Finance Minister Shun'ichi Suzuki stated, in a report from Bloomberg: "We are strongly concerned about the impact on the economy. We will analyze the background to this move with a high sense of urgency, and take necessary action as needed.” Yahoo Finance Senior Reporter Jared Blikre joins Morning Brief to break down the numbers behind the yen and the US dollar and what it means for foreign markets moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
FX EmpireUSD/JPY Forecast – US Dollar Continues to See Strength Despite Pullback
The greenback pulled back a little in the early part of Thursday, as the markets remained very strong in general.
Yahoo Finance UKFTSE 100 and European stocks mixed and US tepid after jobs and GDP data
The yen's weakness is down to the interest rate differential between Japan and the rest of the world.
