YEN 118!
Advertisement
The Japanese yen just blasted through 118 against the US dollar.
Advertisement
Earlier on Wednesday, the yen briefly traded north of 118, but in evening trade, it definitively made its move lower against the dollar.
This is a seven-year low for the currency, which continues to tumble and has lost more than 30% of its value against the dollar since the start of 2012.
Here's the chart of Wednesday's move.
FinViz
Advertisement
And the longer-term chart showing the yen's multi-year tumble.
FinViz
Advertisement
- Exploring the world on wheels: International road trips from India
- 10 worst food combinations you must avoid as per ayurveda
- Top seeds that keep you cool all summer
- 8 mouthwatering mango recipes to try this season
- India's hidden gems where the thermometer doesn't cross 20 degrees