Home Stocks Yen Bouncing Back After 24-Year Lows!

Yen Bouncing Back After 24-Year Lows!


After the yen slid to its lowest point against the dollar in 24 years, officials are looking at ways to boost the economy.

Dropping as much as 1.7%, the Deputy Chief Cabinet Secretary said a weak yen was most effective in attracting inbound tourism.

Will this be enough to stop the US dollar steam train after it gained strength against other currencies for most of the year?

USDJPY 01:30
EURUSD 03:00

Test your strategy on how the JPY will fare with Orbex – Open Your Account Now. 

The post Yen Bouncing Back After 24-Year Lows! appeared first on Orbex Forex Trading Blog.

Previous articleEconomic woes across Western markets signal impending property price crash
Next article3 Steps to Take When Pressing Your Forex Trades