Yen Higher On Virus Concerns
The Japanese yen firmed against its key counterparts in the
European session on Friday, as worries about the second wave of
coronavirus infections in the Europe lifted demand for safe-haven
Spain is currently battling a resurgent second wave of Covid-19
although the mortality levels are far lower than they were in
Leading scientists advising the U.K. government have proposed a
two-week national lockdown in October to try to tackle the rising
number of coronavirus cases.
Surging coronavirus figures across Europe should serve as "a
wake-up call", Dr. Hans Kluge, regional director of The World
Health Organization in Europe, said on Thursday.
The number of new cases had doubled in more than half of
European member states in the past two weeks and we have a very
serious situation unfolding before us, he added.
Data from the Ministry of Internal Affairs and Communications
showed that Japan consumer prices rose 0.2 percent on year in
August - in line with expectations and slowing from 0.3 percent in
Core CPI, which excludes volatile food costs, sank an annual 0.4
percent - again matching forecasts following the flat reading in
the previous month.
The yen appreciated to a 1-1/2-month high of 104.27 against the
greenback from yesterday's closing value of 104.74. On the upside,
100 is likely seen as the next resistance level for the yen.
The yen climbed to 114.67 against the Swiss franc for the first
time since July 29. The yen is poised to find resistance around the
Reversing from its early low of 136.16 against the pound and a
2-day low of 124.31 against the euro, the yen edged up to 135.32
and 123.48, respectively. The yen is seen locating resistance
around 129.00 against the pound and 119.5 against the euro.
The yen bounced off to 70.73 against the kiwi, 79.20 against the
loonie and 76.18 against the aussie, from its prior 3-day low of
71.20, 2-day lows of 79.77 and 76.85, respectively. The next
possible resistance for the yen lies around 67.00 against the kiwi,
76.5 against the loonie and 74.00 against the aussie.
Looking ahead, Canada retail sales for July and University of
Michigan's preliminary consumer sentiment index for September will
be featured in the New York session.
NZD vs Yen (FX:NZDJPY)
から 12 2020 まで 1 2021
NZD vs Yen (FX:NZDJPY)
から 1 2020 まで 1 2021