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Yen Gains ahead of U.S Unemployment Rate Report
05 Nov, 2009 @ 07:57 am ET | written by Forexyard
The Yen rose against the EUR and Dollar in today's early trading as Japan's stocks declined amid concerns the global economic recovery will be slow, boosting demand for the Japanese currency as a refuge. The Yen advanced against all 16 major counterparts ahead a report Friday forecasted to show the U.S. jobless rate climbed last month. The Yen rose to 134.52 per EUR at 9:54 a.m. in Tokyo from 134.85 in New York yesterday. It climbed to 90.59 per Dollar from 90.72.
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