The Yen continued its decline against the U.S dollar, refreshing the 24-year low at 138.00. The depreciation that began in late May shows no sign of exhaustion as it dropped to the levels last seen in September 1998. What drives …
The shared currency continues to grind lower as the fundamentals still favor the bears. The recession fears, the monetary policy gap between Euro Zone and the U.S, and the energy crisis kept the pressure on the Euro intact. The primary …
The U.S dollar continues to reign its supremacy against all majors, specifically Yen on Monday while extending the previous week’s gains. Investors assessed the impact of the Bank of Japan (BoJ) policy passivity and the unfortunate assassination of former Prime …
