Japanese Yen Moves Little On Tuesday Against Majors, Tuesday, July 24, 2007 2:24:41 PM

The yen was choppy against its world counterparts in trading on Tuesday afternoon in New York. The currency moved ahead of CPI data from all of Japan and Tokyo due out on Thursday.

The yen moved little against its American counterpart in trading on Tuesday. The currency moved between a high of 120.45 and a low of 120.92 as action progressed into the mid afternoon. On the whole, the yen is at its highest point against the buck since mid May.

In trading against the sterling on Tuesday, the Japanese currency saw uncertain direction into the mid afternoon. The yen bounced between a low of 249.35 and a high of 248.49 as trading progressed. In general, the Japanese yen is near a weekly high versus the British currency.

Versus the euro, the yen saw little movement through trading on Tuesday. As action moved into the mid afternoon, the Japanese currency moved in a range between a low of 167.27 and a high of 166.40. Overall, the yen is at a three week high against its European counterpart.

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