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The Yen Continued Rising For 7th Consecutive Day

Published 04/20/2015, 04:24 AM
EUR/USD
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GBP/USD
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USD/JPY
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AUD/USD
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DX
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US dollar
The dollar index rose during the Asian session on Monday, as a correction from the lowest level in two weeks. There are no American data scheduled for release today, and the negative outlook for the US currency prevails in light of diminished expectations of a near interest rate hike.

Euro
The euro fell against the US dollar in the Asian market on Monday, within the corrections after wave of gains scoring the highest level in two weeks.

British pound
The pound rose against the dollar during the Asian session today within a limited range of transactions. Economic data is absent today from the British scene.

Australian dollar
The rise of the Australian dollar against the US dollar today during the Asian session was dominated by the effect of stimulus measures of the Chinese economy, Australia's biggest trading partner.

Japanese yen
The yen continued rising for a seventh consecutive day against the US dollar to reach its highest level in four weeks, at 118.53 yen per US dollar, as a reaction to last week's comments from Prime Minister Shinzo Abe. Abe had mentioned that the yen's weakness was exaggerated during the recent period, and that the 105 level is appropriate to the economy and any deviation of up to 20 percent of that price would be acceptable.

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