Japanese Yen advances to two-week high against a broadly weaker USD

The Japanese Yen advances a maximum of two weeks against a weakest American dollar - World Stock Market

The Japanese yen prolongs its upward trend in front of the USD in the midst of divergent expectations between the Boj and the Fed. The hopes of an eventual commercial agreement between the US and Japan further benefit the JPY and contribute to the upward movement. The fundamental background favors the JPY bulls and supports the prospects of a new fall of the USD/JPY. The Japanese Yen (JPY) touched a new two -week maximum against a US dollar (USD…

Japanese Yen advances to two-week high against a broadly weaker USD

The Japanese Yen (JPY) touched a fresh two-week high against a broadly weaker US Dollar (USD) during the Asian session on Wednesday despite the disappointing release of Japan's trade balance data.