FOREX-Major currencies tread water ahead of euro zone, China data [Reuters]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: Reuters
Major currencies tread water ahead of euro zone, China data - Reuters 3 Min Read TOKYO (Reuters) - Major currencies remained confined to well-trodden ranges on Tuesday, as markets look next to European and Chinese data for more evidence that the worst may be over for the global economy. The yen remained close to 2019 lows against the U.S. and Australian dollars after investors reduced exposure to the safe-haven currency to seek higher yields elsewhere. The Japanese currency has fallen against both units after rising to recent highs in late March, said Masafumi Yamamoto, chief currency strategist at Mizuho Securities. “That’s probably because the market’s concern about the global economy is easing and also the U.S.-China trade war will not intensify further,” he said. The dollar was unchanged at 112.00 yen, holding above its 200-day moving average for the fourth straight session. It traded less than a sixth of a percent off the year’s high of 112.135 yen hit in early March. The Aussie
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MFG
Sec Filings
- 2/26/24 - Form 6-K
- 2/22/24 - Form 6-K
- 2/22/24 - Form 6-K
- MFG's page on the SEC website