Showing posts with label Yen vs Dollar. Show all posts
Showing posts with label Yen vs Dollar. Show all posts
Wednesday, November 17, 2010
Dollar-Yen Could Test 86 Level
Nov. 17 2010 | The yen could head up to 86 against the US dollar in the next few weeks, as we approach the year-end, believes Harry Ida, senior analyst, Thomson Reuters. He shares his currency outlook, with CNBC's Steve Sedgwick and Chloe Cho.
Thursday, October 14, 2010
Yen Reaches 15-Year High Versus Dollar
Oct. 14 (Bloomberg) -- http://www.bloomberg.com/news/2010-10...
The yen climbed to its highest level against the dollar since April 1995. Japan's Prime Minister Naoto Kan said excessive currency movements are undesirable and the government will take action if necessary. Bloomberg's Sarah Eisen reports.
The yen climbed to its highest level against the dollar since April 1995. Japan's Prime Minister Naoto Kan said excessive currency movements are undesirable and the government will take action if necessary. Bloomberg's Sarah Eisen reports.
Wednesday, September 15, 2010
Yen hits 15-year high vs dollar
Reuters
September 14, 2010
The dollar hit a 15-year low against the yen on Tuesday, testing Japanese authorities’ resolve to stem the yen’s climb after Prime Minister Naoto Kan won a party leadership vote.
Here are some milestones in the yen’s 138-year history:
1871 – The yen becomes Japan’s currency as part of the Meiji Restoration, which marked the start of Japan’s modernization and opening to the rest of the world. Japan adopts the gold standard.
1949 – After World War Two the dollar’s fixed rate is set at 360 yen via the Bretton Woods system, partly to help stabilize prices in the Japanese economy.
Read Article >>>>
September 14, 2010
The dollar hit a 15-year low against the yen on Tuesday, testing Japanese authorities’ resolve to stem the yen’s climb after Prime Minister Naoto Kan won a party leadership vote.
Here are some milestones in the yen’s 138-year history:
1871 – The yen becomes Japan’s currency as part of the Meiji Restoration, which marked the start of Japan’s modernization and opening to the rest of the world. Japan adopts the gold standard.
1949 – After World War Two the dollar’s fixed rate is set at 360 yen via the Bretton Woods system, partly to help stabilize prices in the Japanese economy.
Read Article >>>>
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