The yen touches a document low towards the euro

Japanese yen foreign money


The Japanese foreign money fell towards its American counterpart, touching its lowest stage in additional than two weeks, and recording its lowest stage ever towards the euro.

Throughout Monday’s buying and selling, the greenback rose by 0.2% to succeed in 153.17 yen, after touching 153.27 yen, which is the bottom stage of the yen towards the greenback since October 10.

As for the euro, the Japanese foreign money fell by 0.2% to succeed in 178.11 yen, after touching 178.17 yen, which is the weakest stage of the yen because the launch of the one European foreign money, in line with “Reuters”.

The greenback index – which expresses the worth of the US foreign money towards a basket of 6 main currencies – settled at 98.98 factors, at 08:29 AM Mecca time.

US President Donald Trump is anticipated to fulfill his Chinese language counterpart Xi Jinping in South Korea on Thursday, the place the 2 leaders will focus on the framework of a commerce settlement reached over the weekend.

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