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 Dollar Jumps To 4-week High Against Yen

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PostSubject: Dollar Jumps To 4-week High Against Yen   Dollar Jumps To 4-week High Against Yen Icon_minitimeWed Aug 15, 2012 11:22 am

Dollar Jumps To 4-week High Against Yen


The US dollar moved closer to the key 79.0 level against the yen in early European deals Wednesday, rising as much as 78.99 around 3:35 am ET for the first time since July 18.
The greenback-yen pair, which has been trading higher since it breached the key support level of 78.0 earlier this month, is presently worth 78.98 with 79.20 seen as the next likely target level.


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