Discover the latest trends in the financial markets on Wednesday, August 7. The Japanese Yen stands out as one of the biggest movers among major currencies, with USD/JPY experiencing a rebound and trading at around 147.00. Bank of Japan (BoJ) Deputy Governor Shinichi Uchida’s comments on interest rate hikes have influenced market sentiment. In the US, the Dollar Index (DXY) maintains its recovery momentum, while USD/CAD struggles to gain traction. New Zealand’s Unemployment Rate and China’s trade surplus data also impact market movements.
Japanese Yen Price Today
The Japanese Yen (JPY) showed weakness against major currencies, with the New Zealand Dollar leading the gains. Check out the percentage changes in the table below:
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.08% | -0.02% | 1.38% | -0.12% | -0.32% | -1.07% | 0.42% | |
| EUR | -0.08% | -0.09% | 1.33% | -0.20% | -0.43% | -1.14% | 0.37% | |
| GBP | 0.02% | 0.09% | 1.41% | -0.11% | -0.35% | -1.00% | 0.44% | |
| JPY | -1.38% | -1.33% | -1.41% | -1.46% | -1.69% | -2.36% | -0.93% | |
| CAD | 0.12% | 0.20% | 0.11% | 1.46% | -0.21% | -0.90% | 0.56% | |
| AUD | 0.32% | 0.43% | 0.35% | 1.69% | 0.21% | -0.65% | 0.79% | |
| NZD | 1.07% | 1.14% | 1.00% | 2.36% | 0.90% | 0.65% | 1.45% | |
| CHF | -0.42% | -0.37% | -0.44% | 0.93% | -0.56% | -0.79% | -1.45% |
Stay updated on the latest market developments with our comprehensive market analysis. Understand the impact of geopolitical events and economic data releases on your finances and investments.