FOREX-Yen repairs some damage as dollar charge slows

FOREX-Yen repairs some damage as dollar charge slows
Representative image Image Credit: Pixabay
  • Country:
  • Japan

Japan's yen bounced sharply in early European trading on Friday, as traders swooped back into the currency after its worst four-day run in years.

The Japanese currency had lost 2% against the dollar in the previous two days as worries about the impact of the coronavirus on Asia had spread, but its early burst in London left it up 0.5% on the day at 111.5 yen.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.