The Japanese Yen Just Took Its Biggest Dive In Weeks
The Japanese yen – arguably the hottest currency trade in the world right now – continues to sink against the U.S. dollar. Today's move marks the yen's biggest dive against the dollar in over two weeks and comes on the heels of the Japanese currency's recent strengthening over the past few trading sessions. Today, it's breaking through new lows in its recent journey downward – right now, it's trading around 94.30 to the dollar versus where it opened last night, around 92.72. The yen is likely getting hit today due to strength in the dollar and the euro. Earlier, comments
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