USD/JPY is trading at 20-month high

Market news

19 December 2012

USD/JPY is trading at 20-month high

The dollar continues to strengthen in tandem with the yen, recently peaked in April 2011, despite a warning from Fitch about the threat of a downgrade the U.S. at AAA in case of "fiscal cliff."

USD / JPY has made another leap and reached a 20-month high of 84.60 - Yen remains under pressure in anticipation of tomorrow's decision by the Bank of Japan rate.

Currently, USD / JPY was trading at 84.60 in the zone of maximum, with an increase of 0.4%.

Before the bell: S&P futures +0.28%, Nasdaq futures +0.42%

Option expiries for today's 1400GMT cut:

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