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Yen Recovers Losses Against Majors
(RTTNews) – The Japanese currency recovered from last session’s losses against its major counterparts during New York morning trading on Monday. After ticking down to new multi-day lows in European deals, the yen showed some strength against major opponents in morning session today.
After edging down to 5-day lows of 99.49 against the US dollar and 84.95 versus the Swiss franc at around 5:45 am ET, the yen gained ground in New York morning deals today. At 11:00 am ET, the yen advanced to 98.37 against the greenback and 83.66 versus the franc.
The yen also strengthened…
10Nov2008 | INO | Comments Off | Continued
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