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Japan's yen trades at three-week lows

Japan's yen approached a three-week low zone against its counterpart, the U.S. dollar, following China's activity data for the month of June and the nation's GDP outcome for the second quarter.

The greenback traded toward its strongest zone since June, as high as 106.32, rising to 106.27 yen, recording an appreciation of 0.9%.

Dollar strengthens versus Japan's yen

During the week, the dollar made its best performance, on a weekly basis, having escalated 5.6% versus the Japanese yen.

The euro region's currency, the euro, approached the 118.33 yen, rising 1%, whereas the Aussie approached the 81.29 yen, surging 1.2%.

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Friday, 15 Jul, 2016 / 7:26

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/japan-s-yen-trades-at-three-week-lows

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