28 Jun 2013
USD/JPY hovering around 99.00
FXstreet.com (Córdoba) - The USD/JPY has continued to move higher and briefly rose above the 99.00 mark amid broad yen weakness.
USD/JPY extended gains into a second day on Friday, supported by the positive environment in financial markets. The pair has climbed over 80 pips throughout the day to score a high of 99.13 in recent dealings.
USD/JPY records first loss in 9 months
At time of writing, USD/JPY is trading at the 99.00 area, where it records a 0.7% rise on Friday. However, USD/JPY is set to close June with a net loss of 1.4% for first time in 9 months, despite having recovered ground over the second half of the month after bottoming at 93.78 on the 13th.
USD/JPY extended gains into a second day on Friday, supported by the positive environment in financial markets. The pair has climbed over 80 pips throughout the day to score a high of 99.13 in recent dealings.
USD/JPY records first loss in 9 months
At time of writing, USD/JPY is trading at the 99.00 area, where it records a 0.7% rise on Friday. However, USD/JPY is set to close June with a net loss of 1.4% for first time in 9 months, despite having recovered ground over the second half of the month after bottoming at 93.78 on the 13th.