XE CURRENCY CONVERTER
| 0.78 XAG | = | 1,776.44 JPY |
| Silver Ounce | ↔ | Japanese Yen |
| 1 XAG = 2,277.49 JPY | 1 JPY = 0.000439079 XAG |
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Mid-market rates: 2013-05-24 17:40 UTC
USD/JPY2013-05-24 10:56 UTC
USD-JPY remained stable in Europe. Stocks performed better after a difficult trading environment in Asia. The Nikkei ended the session 0.89% higher, with prices surging more than 4% in the last 30 minutes of trade amid speculation of official price keeping operations, though it had been more than 3.5% higher in the Tokyo morning. USD-JPY is currently trading close to 101.50, having traded as low as 101.08 in late Asia. After the European ... Read More ►
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XE Market Analysis
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North American Edition2013-05-24 10:56 UTC
Sentiment in Europe was more stable today after the Nikkei posted a late rebound on talk of price smoothing operations, though it experienced another very choppy session. Overall, markets remained nervous and the tone turned defensive into the N.Y. open, which fueled a stop hunt on the USD-CHF downside through 0.9600 and EUR-CHF tumbled from 1.2550 back to 1.2465. EUR-USD held steady ahead of 1.2950 throughout the European morning, aided by better ... Read More ►
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European Edition2013-05-24 07:29 UTC
Japanese market volatility dampened early interest in Europe. The Nikkei had an extremely whippy session, but ended in positive territory. It was up 3.5% early on and then plunged to sit 3% lower, but rumours of official buying lifted it higher very late on in the session. USD-JPY regained its poise after 101.00 held, but it is looking limited on the topside. EUR, GBP and CHF are relatively stable against the USD with the focus on movement elsewhere. ... Read More ►
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Asian Edition2013-05-23 19:23 UTC
Fallout from Bernanke testimony continued overnight, ultimately sinking equity markets and the dollar in the process. On top of that, China May PMI fell under the 50 mark, which spooked traders as well. U.S. data was better than expected, with jobless claims lower, and new home sales higher. The dollar later moved another leg lower, in concert with Wall Street paring losses. Long USD positions were reportedly thinned out through much of the morning, in ... Read More ►
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