Yen Falls To Four-Month Low Against Dollar

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

According to Nippon.com:

Tokyo, Aug. 1 (Jiji Press)--The yen fell to hit four-month lows past 150.50 per dollar in Tokyo trading Friday morning, with market players believing that the Bank of Japan is cautious about an early interest rate increase.

At noon, the dollar was at 150.75-77 yen, up from 149.38-40 yen at 5 p.m. Thursday.

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