Day: November 22, 2018

Japanese Yen Gains on Growing Optimism, Export Rebound

The Japanese yen is posting modest gains against the greenback on Thursday. Traders were pleased by recent comments made by government officials about the national economy, and positive data gave a boost to the yen’s slight bump. In the November edition of its monthly economic assessment, the Cabinet Office asserted that the economy “is recovering at a moderate pace.” Officials contend that Japanese consumption, exports, and capital spending will allow the country to rebound from […]