Stronger Yen, U.S. Economic Outlook Uncertainty.

Posted on by

In currency trading the Asian session today (22-07), seen through the strengthening of the Yen against the U.S. Dollar. Pair EUR / JPY is currently engaged in the range of 86.70.

468x60cbf Stronger Yen, U.S. Economic Outlook Uncertainty. 468x60 forex 1 Stronger Yen, U.S. Economic Outlook Uncertainty.

Early this morning, Fed Chairman Bernanke stated that the current U.S. economic outlook is uncertain, quite logical to see the U.S. economic data that was bad enough lately. Global markets certainly do not like uncertainty, so the demand for safe haven such as the yen rose.

Stronger Yen, U.S. Economic Outlook Uncertainty.
  • Share/Bookmark

Related Post

Related posts:

  1. Dollar Weakens, Fears Over New Zealand’s Economic Outlook.
  2. Sterling Looks Depressed, BoE Economic Outlook Express Little Worse.
  3. Sterling still more likely Stronger, Economic Outlook Improving
  4. Stronger AUD, Economic Data Good Enough
  5. Stronger Yen, Negative Sentiment Improve Global Safe Haven Demand.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>