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Forex Markets Gap Towards Japanese Yen Over Weekend
Sunday, 26 October 2008 21:32:38 GMT
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Sunday’s market open saw the Japanese Yen open significantly higher than its closing price on Friday. Such price volatility may have come on the back of recent geo-political developments seen over the weekend.
GBPJPY Close 10/24/08: 150.40
Open 10/27/08 148.27
Difference: -213 pips
USDJPY Close 10/24/08: 94.59
Open 10/27/08: 93.49
Difference: -110 pips
EURJPY Close 10/24/08: 119.03
Open 10/27/08: 117.75
Difference: -128 pips
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