Yen Exchange Rate Watch

hclee01

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Yen rises to 34-month high against Singdollar

http://www.todayonline.com/business/yen-rises-34-month-high-against-singdollar

The Japanese yen soared on Monday (June 13) against most major currencies on Monday (June 13), as investors bought the perceived safe-haven Japanese currency amid Brexit fears that have driven a broad rise in risk aversion.

As of 1pm (Singapore time), the yen had reached a 34-month high against the Singdollar, with S$1 trading at ¥77.88, Bloomberg data showed. The last time the yen was at this level against the Singdollar was on Sept 9, 2013 when S$1 was ¥77.79.
 

petty blue

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Money Changer A: selling Rate $12.80
Money Changer B: selling Rate $12.00

i want to buy YEN , B is better right?
 

LIN_JOEL

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http://www.todayonline.com/business/yen-rises-34-month-high-against-singdollar

The Japanese yen soared on Monday (June 13) against most major currencies on Monday (June 13), as investors bought the perceived safe-haven Japanese currency amid Brexit fears that have driven a broad rise in risk aversion.

As of 1pm (Singapore time), the yen had reached a 34-month high against the Singdollar, with S$1 trading at ¥77.88, Bloomberg data showed. The last time the yen was at this level against the Singdollar was on Sept 9, 2013 when S$1 was ¥77.79.

Sian sia, any possibility for yen to drop in the coming months?
I had booked my tickets for December trip :(
 

anyhowsaysay

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Yen strengthening now because BOJ hold policies unchanged.

More bad news ahead. Federal reserve and Britain referendum.
Next BOJ meet is July.
 

anyhowsaysay

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Sian sia, any possibility for yen to drop in the coming months?
I had booked my tickets for December trip :(

The days of cheap yen is gone. Will never come back.
BOJ wasted so much money but in the end result is still the same.
I think they might even give up and stop QE in future.
70 range will be the acceptable rate could even go to 60 depending on what kind of bad news coming up.
 

purpleberry

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The days of cheap yen is gone. Will never come back.
BOJ wasted so much money but in the end result is still the same.
I think they might even give up and stop QE in future.
70 range will be the acceptable rate could even go to 60 depending on what kind of bad news coming up.

Is that true? Better change Yen now for end of year trips?
 

anyhowsaysay

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Is that true? Better change Yen now for end of year trips?

Now BOJ is already purchasing all the government bonds available. If they want to weaken Yen their actions must be really drastic.

Let's wait and see lor. i doubt we can see the old days of Yen. Maybe at 80.0 is good already
 

qhong61

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Now BOJ is already purchasing all the government bonds available. If they want to weaken Yen their actions must be really drastic.

Let's wait and see lor. i doubt we can see the old days of Yen. Maybe at 80.0 is good already
So if have yen now, can sell?
 
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