Yen drops after impulsive rise

Source: Marketwatch
© Scanpix/Reuters
The Japanese Yen fell against the other majors, after suddenly rising due to concerns regarding the ongoing tension in Ukraine. The US Dollar rose to 102.37 from 102.1 against the Yen. As to the common currency, the Yen dropped to 137.03 from 136.65. However, traders are still on hold as they wait for Mario Draghi's speech later today.

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