Economic news

Review: After rising last week the U.S. dollar fell against the Japanese yen

Asian trades on Monday began with reduction of the U.S. dollar against the Japanese yen. Last week the dollar was caused by the conviction that U.S. interest rates will rise this month.

On Monday, March 6 at 4:50 (GMT) the pair USD/JPY was trading at 113,84 against 114,09 on Friday night in New York.

Investors immediately noticed in the quotations of the March interest rate hike, the FED followed a series of comments from Central Bank leaders last week.


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