The Yen Falls in Value to Dollar

By Shaon, Gaea News Network
Wednesday, August 4, 2010

TOKYO, JAPAN (GaeaTimes.com) — The Dollar managed to reduce losses against the YEN. Economists believe that this was possible after the U. S private employers hired more than expectations. In a report by ADP about 42,000 more people were hired by private concerns.

The value of Dollar surged to 85.65 yen from 85.50 before the results were revealed. The value was steady at 0.2% lower for the day.

In related news the Euro was steady to around $1.3210 down by about 0.1%.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :