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Japan
 

JPY 1.00 = USD Inter-Bank Mid-Market Rate    Invert Rate
Here at BER we are dedicated to helping you find the best possible currency exchange rates for Japanese Yen Wire Transfers plus market research and information on both banks and non-bank currency providers. Select
JPY Mid-Rates & Charts (30 days & 3 years) :

Daily Currency Market Commentary
Daily currency news provided by OzForex

The start to the week was stagnant in terms of market movement as investors had little information to guide them in regards to trade decisions. The main focus to begin the week was in line with the end of last week and concentrated on geopolitical events which saw the safe haven US dollar gain strength across the board. The world is still waiting on the events of Ukraine and the Middle East to unfold and investors are watching closely as these geopolitical events can influence the market dependant on their outcomes. The Euro’s minor economic data released overnight was shrugged off however the EUR continued to trend downwards on the idea the ECB will continue to take action to revitalise the economy. Today should see some life being brought back into the market even though there is no data out of Europe the US will print Core CPI and Existing home sales numbers to shape direction to begin the week.
Data releases:
RBA Assist Gov Debelle Speaks, RBA Gov Stevens Speaks
No Data
All Industries Activity m/m
Public Sector Net Borrowing, 10-y Bond Auction, CBI Industrial Order Expectations
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Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

BestExchangeRates in the PressSMH.com.au Money

“A check with the foreign-exchange comparison website bestexchangerates.net shows a big variation in the exchange rates available when sending money and buying cash.” SMH.com.au ⇒ read article

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