Monday, June 29, 2009

Yen Experiences Mixed Result Against The Major Currencies

The Yen completed yesterday's trading with mixed results versus the major currencies, on bets that the U.S. Federal Reserve and the European Central Banks' (ECB) efforts to stabilize the global economy will spur demand for higher-yielding assets.

The JPY closed at 96.08 per USD from 96.20 yesterday.


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