"There is no limit to what a man can do or where he can go if he doesn't mind who gets the credit." - President Ronald Reagan.

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Monday, June 4, 2012

Dollar Falls Against Yen Following Jobs Report

The unemployment report from last week appears to have caused the U.S. dollar to slide in value against the Japanese yen.

According to Jiji Press:

Tokyo, June 4 (Jiji Press)--The dollar fell to levels around 78 yen in Tokyo trading Monday following dismal U.S. jobs data, but the downside was supported by growing wariness over possible yen-selling intervention by Japanese authorities.
How's that "hope and change" working out for you?

 To read the full article, go here.

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