Dollar Spikes To Highest Level Against Yen Since 2008

The Scottish vote for independence is sending shockwaves through the currency markets. And not just the British pound, because the Japanese yen just fell out of bed.

The yen has fallen to 109 against the US dollar, its lowest level since September 2008

A report from Zero Hedge said that in addition to the turmoil being caused across currencies due to the Scottish vote, Japan’s govrnment just downgraded its economic assessment for the first time in five months.

As results from the Scottish vote for independence have rolled in, it has looked increasingly grim for “Yes,” and the British pound has been rallying against all major currency pairs, including the dollar, yen, and euro.

But now the dollar has added its own stunning rally against the yen.

Here’s a chart of the dollar against the yen.

Screen Shot 2014 09 18 at 9.20.15 PM

And as the pound rallies against all currencies, here’s the chart of the pound’s huge gains against the yen.

GBP:JPY

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Advertisements
Pen Paper and IT

This is my corner of the Net where I can relax and share my thoughts

Dear Dharma

Advice on almost anything…

Human Life Run

Mistakes Are Reality Of Life. Lets Understand and Move on!!

BayArt

New Perspective on Life

mali9437

Machhindra wordpress

indahs: dive, travel & photography

cities - cultures - ocean - marine life

The Beauty Along the Road

Discovering Beauty in the small details of our lives

MLST--MY LITTLE SIMPLE THOUGHT--THE WORDSMITH SCRIBE

A personal comprehensive compendum of related personal thought, diary, articles geared towards championing and alleviating the course of humanity towards the achievement of a greater society whereby all the inhabitants of the world are seeing as one and treated equally without any division along religious affinity, social class and tribal affliation.This is all about creating a platform where everybody interested in the betterment of the society will have a voice in the scheme of things going on in the larger society.This is an outcome of deep yearning of the author to have his voice heard across the globe.The change needed by all and sundry all over the globe starts with us individually.Our world will be a better place if every effort at our disposal is geared towards taking a little simple step that rally around thinking outside the box.

vtofighi

A great WordPress.com site

Ashes of Life

A journey to discover my own writing voice

The Blog of Travel

Motorbikes, dogs and a lot of traveling.

Comicbook Fan and Avid Auto Enthusiast

My Bologna has a first name its: H-O-M-E-R!

A CERTAIN MEASURE OF PERFECTION

A novel inspired by Roger Brierley (1586 - 1637)

Nessy Samuel

Food | Travel | Experiences | Photography

Britt's world

@brittsworld_

James Clark -- The Next Iteration

Eclectic Writtings for a Balanced Life

UptightPrettyGirl

Have fun reading. Message me any time.

Advertisements
%d bloggers like this: