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Main » 2015 » December » 28 » The dollar tends to increase its value by the end of the year
The dollar tends to increase its value by the end of the year

On Monday in Asian trade, the dollar was slightly higher against the yen as the dollar failed to keep revenues from mid-morning shopping on the background of the lack of fresh trading signals.



The US dollar was trading at ¥ 120.43 from the previous value of its ¥ 120.55. This compares with the cost of ¥ 120.33 in the late afternoon on Friday in Tokyo.

See also: Americans are significantly poorer.

With the reduction in the volume of trade by the end of the year in Japan, the dollar reached intra-day peak in mid-morning trading, presumably due to demand from Japanese importers and institutional investors.

"The dollar lacks clear direction," - said a Japanese brokerage house analyst. - But the dollar did not fall as this previously feared. "

"Given the lack of fresh trading signals, it is difficult to assume further sales of the dollar", - said the analyst.

The US currency was weaker against the euro since dropped to $ 1.0972 from $ 1.0965 as it was on Friday.Against the yen, the single currency rose to ¥ 132.15 from ¥ 132.08.

A source

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