Yen Rises for 2nd Day Amid Italy, Trade Concerns: Inside Japan
Wednesday, 30 May 2018 07:03 WIB | CURRENCIES | Yenmata uang yen

Yen rises for a second day against the dollar, though off a five-week high hit Tuesday amid ongoing political crisis in Italy and concern over renewed trade tensions between the U.S. and China. Japanese bond traders to focus on the central bank™s debt purchases at Wednesday™s operation.

USD/JPY declines 0.2% to 108.51; pair slipped as much as 1.2% to 108.11 Tuesday, the lowest since April 23, before recovering to close at 108.77.

EUR/JPY falls 0.2% to 125.32, dropping for a seventh day; pair declined to 124.62 on Tuesday, the lowest since June 26.

Source : Bloomberg

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