Following a brief reprieve in its downward trend yesterday, the Japanese yen is again falling behind against the euro and USD. As of this morning, the USD has gained 0.7% against the yen putting the USD/JPY at 80.56. This marks the yen’s weakest mark against the greenback in nearly eight months.
The euro also was able to make gains this morning against the yen. As it stands, the single currency is enjoying a recent push and is trading at 107.76. This marks its highest point since last November.