USD/JPY back to Y80.00

Market news

16 March 2011

USD/JPY back to Y80.00

USD/JPY challenged historic lows on Y79.80 before recovered to Y80.00. Traders will watch the overnight session in dollar-yen for any sign that officials are inclined to intervene to weaken the yen and one imagines that the risk of "verbal intervention" is likely quite high.

Schedule for today, Thursday, Mar 17 2011:

Dow -200.23 at 11655.19, Nasdaq -40.22 at 2627.11, S&P -20.80 at 1261.07

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