The Japanese yen is slipping
Advertisement
Investing.comThe Japanese yen is tumbling.
Advertisement
The currency is down 0.4% at 102.31 per dollar as of 7:24 a.m. ET.
Earlier, data from the Ministry of Internal Affairs and Communications showed Japan's unemployment rate dipped to a seasonally adjusted 3.0% in July - the lowest level since May 1995.
Moreover, Japan's job to applicants ratio held steady at 1.37, which suggests that labor market conditions continue to tighten, noted Business Insider Australia's David Scutt.
As for the rest of the world, here's the scoreboard as of 7:28 a.m. ET:
Advertisement
- The euro is weaker by 0.2% at 1.1165 against the dollar. Earlier, Spanish CPI fell 0.1% year-over-year in August, beating expectations of a 0.5% fall.
- The British pound is little changed at 1.3098 against the dollar. The latest data showed that the number of new mortgages given out in the UK in July came in at 60,912, the lowest total in 18 months.
- The US dollar index is up by 0.2% at 95.78. The S&P CoreLogic Case-Shiller Index will be released at 9 a.m. ET and consumer confidence will cross the wires at 10 a.m. ET.
- The Russian ruble is down 0.2% at 64.8945 per dollar.
Advertisement
- Should you be worried about the potential side-effects of the Covishield vaccine?
- India T20 World Cup squad: KulCha back on menu, KL Rahul dropped
- Sales of homes priced over ₹4 crore rise 10% in Jan-Mar in top 7 cities: CBRE
- Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week
- Best beaches to visit in Goa in 2024