The yen strengthened against the dollar on Tuesday morning
morning, the yen strengthened in tandem
against the dollar. By 8:54 USD / JPY has been trading
at 118.53, and the reduction was 0.10%.
Yesterday the pair fell to the level of the night
USD / JPY pressured investors – the flow of funds
it is in the yen as a safe haven asset in growing
against the background of the risks incurred. Till
the confrontation between Greece and its
European creditors has not ended,
it reinforces concerns about
forced out of the country
eurozone. In addition, recent reports
the fall of exports and imports in China
January raised concerns
investors – they doubt in assets
due to the slowing global economy.
yesterday it was
aware that exports from China fell in
January 3.3% per annum and
analysts expected growth of 5.9%. At the same
in China recorded a record
Foreign trade balance surplus
January – after the maximum drop
imports in five years.
On Monday evening the dollar to the Japanese domestic currency
It fell to 118.62 yen (119.12 against the yen
Friday). Thus, while movement
yen up continues.
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