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Wednesday, November 1, 2023

Dollar At ¥151.24


Now that we're in a new month, it is time to take a peek at how the U.S. dollar is faring against the Japanese yen.

American travelers to Japan (at least the high rollers) should be pleased at where the dollar stands.

Reuters reported:

SINGAPORE/LONDON, Nov 1 (Reuters) - The battered yen recovered some ground on Wednesday on threats of intervention from Japanese authorities, and as investors shifted focus to the Federal Reserve's policy decision later in the day.

The dollar was last down 0.33% at 151.24 yen , after more pointed-than-normal remarks from Japan's top currency diplomat Masato Kanda.

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