In one day yen seems to have caught up on all the strength it could muster in rupee trades as ell. It is on the cusp of getting weaker agains the dollar again and the dollar likely finished its move against the Rupee? the YEN is falling against the EURO like a bottomless glass of bubbly and in this short week it has already gone to its stronger levels against US ready to hit 78

The Rupee in the same day went from 71.5 to a 100 yen to 71.9 to a 100 YEN (JPY) from where it started the trip back. Yen should start weakening from 78 levels against the USD

 

 

 

Posted via email from The India Investment Post