Euro - Japanese Yen (EUR - JPY) Currency

141.2260 +0.5270 +0.37%

10:31:00 PM

Currency Snapshot

140.6990

141.0190

140.9230

141.7600

141.2260

131.1850

148.4100

141.2260

03:31 AM

03/20/23

News

Business Insider 280d

Yen slides to 24-year low against the dollar as investors bet the Bank of Japan will stick with ultra-low rates, as the Fed battles US inflation at 40-year highs

The Bank of Japan has maintained ultra-loose monetary policy as the Federal Reserve and other central banks have started hiking rates.

Business Insider 313d

Goldman Sachs says the Japanese yen is the 'ideal hedge' against a US recession given its weakness against the dollar

Goldman Sachs said the Japanese yen "screens as the cheapest safe haven asset by far — at a time when global recession risk is on the rise."

Business Insider 325d

The Japanese yen used to be a 'safe haven'. But it has just crashed to a 20-year low as the dollar soars.

All currencies are tumbling compared to the dollar, but none is dropping faster than the once-mighty Japanese yen.

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