Epic Research Singapore : Forex Market Update

The caution was also evident in a stronger yen USDJPY -0.42% , with the dollar trading at ¥103.02 on Monday, compared with ¥103.23 late Friday in New York.

The firmer yen weighed on Japanese shares, with the Nikkei Average JP:NIK -1.26%  down 0.7%, overshadowing a mixed outcome from the Bank of Japan’s quarterly tankan survey.  

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