The Japanese yen firmed Tuesday, underpinned by safety streams from a selloff in global equities.
Worries about the Chinese economy escalated as industrial firms sustained their largest profit decline in four years.
The yen ended at ¥134.63 from ¥134.00 earlier, and ¥120.00 per US dollar from Friday’s ¥120.60.
Mixed messages from Federal Reserve officials regarding the timing of an interest rate hike did not bolster the currency.
Federal Reserve Bank of Chicago President Charles Evans indicated rates will remain near zero until mid-2016.
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