The Japanese yen is falling for the second consecutive day



The Japanese yen is falling for the second consecutive day 



February 11, 2015


The Japanese yen fell during today Asian trading session against all major currencies, hitting its lowest level in 5 weeks against the US dollar within a wave of losses for the second consecutive day.

Amid the optimism among the investors in the financial markets towards reaching an agreement on Greece's debt, which reduced the dammed of the yen as safe-haven currency. On the other hand, the US dollar continued to rebound amid growing expectations of rinsing the interest rates soon.

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