Forex

Yen resumes decline off four-week high

2019-02-11 13:28:12 GMT (Economies.com)

USD/JPY rose in Asian trade off January 16 lows for the fifth session out of eight, while the Japanese market closes down for a national holiday today. 

 

As of 05:58 GMT, USD/JPY rose 0.23% to 109.98, with an intraday high at 110.01, and a low at 109.69. 

 

Federal Reserve Governor Michelle Bowman is due to speak at the Annual American Bankers Association Conference for Community Bankers, in San Diego, later today, a day before Fed Chair Jerome Powell delivers a speech tomorrow titled "Economic Development in High Poverty Rural Communities" at the Hope Enterprise Corporation Rural Policy Forum, in Mississippi. 

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