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Monday, February 9, 2015

Dollar Nears ¥119 In Tokyo Trading

The U.S. dollar is making a comeback after sinking down to the ¥117 range during the past couple of weeks.

The Japan Times reported:
The dollar was solid around ¥119 in Tokyo trading Monday, bolstered chiefly by strong U.S. jobs data released late last week. 
At 5 p.m., the dollar stood at ¥118.95-119.00, up from ¥117.37-37 at the same time Friday.

This is good news for American tourists to Japan as they will be able to get more yen for every dollar exchanged.

To read more, go here

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