Open Close High Low Change
Fine.GLD10gm 49810 50070 50070 50070 260 (0.52%)
TJB.GLD.10gm 49555 49815 49815 49815 260 (0.52%)

Gainers & Loosers

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Today Market

26 Apr 2018

United States Dollar Vs Japanese Yen (USDJPY)



USD/JPY is supported around 108.68 levels and currently trading at 109.44 levels. It peaked to hit session high at 109.38 and made session lows at 109.01 levels. The dollar strengthened against the yen on Wednesday as yields on U.S. bonds rose past the 3 percent landmark, propping up the dollar on a global scale. The benchmark 10-year note yield edged up to 3.035 percent for a second day as jitters about growing federal borrowing spurred more selling in U.S. government debt. Should it climb above 3.041 percent, its peak in January 2014, it will likely move into territory last seen in summer 2011. The greenback had risen without pause through much of the past week as U.S.-China trade conflict woes receded and allowed the market to turn its attention back to dollar-supportive fundamentals, notably the surge by U.S. yields. Tuesday's data on U.S. consumer confidence and new home sales, both stronger in April, bolstered the case that the world's biggest economy will continue to grow in the coming quarters. Meanwhile, political risk declined after the United States said it would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days. The U.S. currency was last trading 0.3 percent higher at 109.37 yen.