Previous close | 155.5800 |
Open | 155.5550 |
Bid | 157.9810 |
Day's range | 154.9620 - 157.9950 |
52-week range | 133.6860 - 157.9950 |
Ask | 157.9940 |
The yen (JPY=X) has hit a more than 30-year low against the US dollar. It comes after the Bank of Japan left room to raise rates following its latest policy meeting. Yahoo Finance's Jared Blikre and Julie Hyman break down the currency movements. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Remarkably, the Bank of Japan stated during its press conference that the depreciation of the yen wasn’t an issue. Interesting….
The US Dollar has rallied significantly to show signs of continuation against the lowly Japanese yen. However, there is a Bank of Japan meeting in the early hours on Friday that could cause headaches.