OctaFX | OctaFX Forex Broker
Open trading account

USD/JPY falls below 106.00, down 160 pips

FXStreet (Córdoba) - The yen is rising across the board and particularly against the US dollar. USD/JPY dropped further, broke below 106.00 and bottomed at 105.19, reaching the lowest price since September 8.

During the last two hours the pair lost more than 150 pips as volatility in the currency market soared. Stocks in Europe and in Wall Street are falling sharply as US Treasury bond rally, pushing yield to 1-year lows.

Currently USD/JPY trades around 105.60/70, after rebounding around 105.20, having the worst day since April.

EUR/USD stages sharp rally, nears 1.2900

EUR/USD gathered momentum and broke above the 1.2800 level to hit its highest level in three weeks on the back of weaker-than-expected US retail sales and PPI data.
Read more Previous

DJIA falls 1%, US ten-year yield falls below 2%

The DJIA has opened lower today in line with the cues from the European markets, while the ten-year treasury yield has declined below 2% for the first time since June 2013.
Read more Next
Start livechat