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US Dollar Falls and Yen Strengthens Amid Surge in Japanese Government Bond Demand

Investing.com +2 ·

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  1. 1The US Dollar Index fell 0.3% to record 101.71.
  2. 2The Japanese Yen strengthened to 158.17 yen per dollar.
  3. 3Record demand appeared at 5.84 times the Japanese government bond sale amount.

So what's the key point?

The value of the US dollar decreased and many people wanted to buy Japanese government bonds. This means the value of the yen became higher than the dollar.

Source Investing.com +2 · View original ↗

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