Yen Strengthens Against Majors
June 07 2012 - 9:20PM
RTTF2
The Japanese yen strengthened across the board on Friday morning
in Asia as risk-aversion resurfaced in the market following a
surprise interest rate cut by China and a Spanish rating downgrade
by Fitch on Thursday.
The yen is presently trading at 79.53 against the US dollar,
123.27 against the pound, 83.0 against the Swiss franc, 99.70
versus the euro, 60.83 against the NZ dollar, 78.44 against the
Australian dollar and 77.26 against the Canadian dollar.
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