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USDJPY Weakened Back Towards 101


Pair USDJPY mengaklami attenuation over strengthening the yen. This currency pair is currently heading towards the 101 yen level in early trading Wednesday in Tokyo, slightly higher than the level seen in New York on Tuesday.

When the market opened in Tokyo, the dollar immediately moves to 101,07-08 yen compared with 100,85-95 yen in New York and 101,66-68 yen at the close of the Tokyo session yesterday.

The impact of the strengthening yen, the Tokyo Stock Exchange opened down on Wednesday. The Nikkei 225 index decreased 195.97 points or 1.20 percent from Tuesday's closure became 16,195.48.

Meanwhile, the Topix index of all shares the main Board down 19.04 1.46 points or percent to trade at 1,281.16.

The decline in early trade led by brokerage firm stocks, paper and pulp, as well as stocks related to banking.

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USDJPY Weakened Back Towards 101


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