JPYINR - Ways2Capital

JPYINR trading range for the day is 60.76-61.47.JPY traded in range as concerns over possible Western military action against Syria lent support to the safe-haven Japanese currency.

Many companies in the western Japan region of Kansai will not see their profits hit hard at current dollar/yen levels around 105.

The dollar has since lost momentum against the yen, however, as focus has shifted to the possibility of wider military conflict in the Middle East.

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