FXstreet.com (CÃ³rdoba) - The rally of the Yen against the Dollar eased in the last hours. USD/JPY plunged today to 95.02 (intra-day low) and from there is recovering. The pair collapsed from 96.45, tumbling more than 150 pips. Near the final minutes of normal operations at Wall Street the pair is rising at a slow pace and currently is above 95.30. Current price at 95.32/35 is 0.75% below today's opening price.
The Yen is also rising against European currencies today. GBP/JPY failed to break above 160.00 and fell to 157.50. EUR/JPY topped at 137.65 but then during the American session rallied downside to 135.50.