The yen declined across the board on Monday morning in Asia on the back of a rise in some Asian stocks. The yen slumped to a 2-week low against the Australian and Canadian dollars.
At the same time, the yen fell to near a 2-week low against the currencies of U.S. and New Zealand.
As of 9:50 pm ET, Japan’s Nikkei Stock Average was up 0.33%, South Korea’s Kospi Composite rose 0.43%, Taiwan’s weighted average advanced 0.18%, Australia’s All ordinaries index climbed 0.36% and New Zealand’s NZX-50 was up 0.10%.
In economic news, Japan’s domestic corporate goods price index was down 0.4 percent to 102.9 in June compared to the previous month, the Bank of Japan said today. That was slightly below expectations for a 0.2 percent monthly decline following the revised 0.2 percent increase in May.
On an annual basis, corporate goods prices added 0.5 percent versus expectations for a 0.6 percent increase after the revised 0.5 percent gain in May.
The yen slumped to a 2-week low of 78.09 against the Australian dollar around 9:15 pm ET, compared to last week’s closing quote of 77.81. On the downside, the yen may find support around the 80.0 level. The pair is presently quoted at 77.88 against the aussie.
Against its U.S. counterpart, the yen remained in a downward channel for a 5th consecutive day and reached its lowest level in nearly 2 weeks. The yen is presently quoted at 89.10 against the greenback, down from last week’s closing quote of 88.64. If the domestic unit declines further, support is likely to be seen around the 90.70 level.
The yen plunged to near a 2-week low of 63.16 against the New Zealand dollar by 5:20 pm ET and the pair moved on hold thereafter. The kiwi-yen pair, which finished Friday’s deals at 63.05, is presently quoted at 63.14.
The yen also drifted lower to 84.40 against the Swiss franc, 112.42 against the euro and 134.05 against the pound in early Monday Asian deals, compared to last week’s closing quotes of 84.01, 112.09 and 133.58, respectively. At present, the Japanese currency is quoted at 133.74 against the pound, 84.30 versus the Swiss franc and 112.23 against the euro.
Extending its 6-day losing streak, the Japanese yen reached its lowest level in 2 weeks against the Canadian dollar on Monday morning in Asia. At present, the yen is quoted at 86.28 against the loonie, down from Friday’s close of 85.79. On the downside, 88.40 is seen as the next likely target level for the yen.
The loonie staged a strong rally on Friday following a report showed that Canada’s unemployment rate dropped below 8% for the first time in more than a year in June, as employers continued to add jobs in a robust recovery for the nation’s jobs market.
Employment rose by 93,000 in June, pushing the unemployment rate down 0.2 percentage points to 7.9%, according to data from Statistics Canada released Friday.
This is the first time the rate has been below the 8% mark since January 2009.
Economists were expecting the unemployment rate to remain the same at 8.1% and the economy to add only 20,000 jobs.
Looking ahead, French current account for May and U.K.’s final figures of the first quarter GDP data are expected in the upcoming European session.
There are no major economic report due out in the North American session today.
It’s perfect time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I want to suggest you some interesting things or suggestions. Maybe you could write next articles referring to this article. I want to read even more things about it!
The great thing about having renter’s insurance is that even if everything you own is destroyed or stolen, you will be able to get it all again. If you do not complete this vital step, you may end up facing criminal charges. Legislative acts that prevent those laws are known as the Rent Control Preemption acts.
Many multivitamins and prenatal vitamins do not contain all the minerals that are required on a daily basis to maintain optimal health. Is touchy or hypersensitive to any substance of the medications. Besides providing protein and fiber, they are also good sources of key nutrients, such as iron, folate, calcium, and zinc.
They interfere with your ability to absorb calcium. t forget to keep all the important information with you whenever you are away from home like important telephone numbers, money, address book, doctor or midwife. You only have to follow certain tips and take the advice of your doctor.
Helpful information. Lucky me I found your website unintentionally, and I am stunned why this accident didn’t took place in advance! I bookmarked it.
Again in this period one should contain Protein rich diet and edible food like spinach ,cabbage ,sprouts ,white butter ( extract from milk ) ,broccoli , fresh cheese , eggs ,all kinds of nuts ,banana , papaya , carrot , soyabean, rice with milk ( paayasam) , vegetable soup etc. How Can the Pregnancy Miracle Help Me Get Pregnant. So, the days of pregnant women putting up their feet and not moving off the couch for the entire pregnancy are days of the past.
They interfere with your ability to absorb calcium. That, in turn, can make you, and your partner, more likely to pick up on any potential problems earlier, and in the vast majority of cases, the earlier any complications are discovered, the easier, and more successfully they can be treated. Stop pregnancy in The Sims Medieval seems not easy.
Again in this period one should contain Protein rich diet and edible food like spinach ,cabbage ,sprouts ,white butter ( extract from milk ) ,broccoli , fresh cheese , eggs ,all kinds of nuts ,banana , papaya , carrot , soyabean, rice with milk ( paayasam) , vegetable soup etc. The Dallas county jail is located at the address of 201 Nile Kinnick Drive North, Adel, IA 50003-1546 and is closely monitored by the Dallas County Iowa Sheriff’s Office. It is not guaranteed whether the child will be indistinguishable or friendly, yet there are a few steps that guarantee Pregnancy Miracle Method Twins.
On March 27, Grove Manor Nursing Dwelling in Waterbury was fined $220 in connection with a resident who left the home with a customer Oct.
five hundredTherevolting disgustingextended familytwo revolting disgustingbirthplacerevolting disgustingextended familyfive hundred ofrevolting disgustingnuclear familytwofive hundred five hundredtwobiotechrevolting disgustingextended family, five hundredtworevolting disgustingSannuclear family five hundredtwoextended familyFranciscorevolting disgustingnuclear familytwofive hundred five hundredextended familyrevolting disgustingcontinuesnuclear familyfive hundred twonuclear familytoextended family twonuclear familyrevolting disgustingbeextended family a pacesetter extended familyinnuclear familyfive hundred twonuclear familyrevolting disgustingliferevolting disgustingextended family extended familyrevolting disgustingsciencesextended familyfive hundred twoandtwofive hundred health five hundredtwoextended familycarerevolting disgustingnuclear familytwo.