Yen gives up five-week high on profit-taking – Economies.com
The yen has dropped from its five-week high due to profit-taking. Investors have decided to sell off their yen holdings, causing the currency to lose some of its recent gains. This shift in the market has led to a decrease in the value of the yen against other currencies. It is important for investors to stay informed about these fluctuations in order to make informed decisions about their investments.