Yen rises after upbeat economic data

2020-08-04 23:12:38 GMT (Economies.com)
Yen rises after upbeat economic data

The Japanese yen rose against most currencies on Tuesday, after the release of strong economic data.

 

Data showed that the Tokyo Core CPI rose 0.4% in July, beating forecasts of 0.2%, and the monetary base index rose 9.8%, also higher than forecasts of 7.1%.

 

Concerns mounted over the coronavirus crisis in Japan and other parts of the world, as infections and deaths continued to spike globally.

 

Johns Hopkins University reported that infections rose to 18.3 million confirmed cases globally, with more than 4.8 million in the US alone.

 

As of 20:51 GMT, USD/JPY fell 0.2% to 105.7, after hitting a high of 106.2 and a low of 105.6.

 
 
 
  Symbol Last Change Chg.%
1.1665
-0.0105
0.8895%
1.2754
-0.0075
0.5831%
Tadawul
8236.17
-26.43
0.32%
23.116
-2.890
11.113%
40.331
0.140
0.348%
41.94
0.00
0.00%
1867.595
-47.930
2.502%
 
 
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