Archive for November 24th, 2016

New Overnight Developments Abroad - Daily Update

Thanksgiving 2016 Gives Japan Reason to Be Grateful

November 24, 2016

The yen, which had been as strong as 101.20 per dollar on November 9, extended its post-U.S. election slide to a low today of 113.54. EUR/YEN strengthened past 119.1. Japanese share prices have rallied on the more competitive yen, rising another 0.9% overnight. While U.S. and other sovereign debt yields have climbed, the 10-year Japanese […] More