USD/JPY weakens

Market news

17 March 2011

USD/JPY weakens

USD/JPY extended decline on talk that some cooling operations at a damaged nuclear plant have been stopped due to high radiation levels, despite other market talk that BOJ had been checking staffing of Japanese banks. Dollar has dropped back to Y78.44 and currently trades Y78.48/50.

EU session review: Yen eases amid talk of Tokyo intervention

JAPAN: Japan's upper house head reported saying he feels Japan should close stock and forex markets to avoid turmoil. (Kyodo)

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