Previous Close | 0.0074 |
Open | 0.0074 |
Bid | 0.0074 |
Day's Range | 0.0074 - 0.0074 |
52 Week Range | 0.0073 - 0.0092 |
Ask | 0.0074 |
The US dollar has spiked during the trading week again, as the Japanese yen continues to get pounded by almost everything. That being said, we are forming the second shooting star in a row.
The US dollar has fallen initially during trading on Friday but bounced from the crucial ¥135 level to turn around and show signs of life again.
Worries about the risk of a global recession drove rallies in the safe haven Japanese yen and U.S. dollar on Friday while the risk-sensitive Australian dollar dipped to a two-year low. The yen gained to 135.105 per dollar, pulling away from the mid-week low of 137.00, which was its weakest in 24 years. The dollar index - which measures the greenback against six counterparts including the yen, euro and sterling - gained 0.18% to 104.85.