Fixed Income And Currency Market

14 Feb 2016

Yen Rallies as markets Unwind Short Yen Positions

linkedIn Logo twitter logo

Japanese Yen last week, appreciated by 3.2% against the USD and is currently trading at JPY 113.25, which is below October 2014 levels when the BoJ shocked the markets with a ultra loose monetary policy in order to boost inflation.

author dp
Ketan Verma
You need to Sign In to view details.


Information herein is believed to be reliable but Arjun Parthasarathy Editor: does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author(s) of the content published in the site may or may not have investments in the assets discussed in the pages/posts.

Copyright © by Arjun Parthasarathy 2019-2024