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Suppose that yesterday, the U . S . dollar was trading on the foreign exchange market at 1 0 0 yen per dollar. Today, the

Suppose that yesterday, the U.S. dollar was trading on the foreign exchange market at 100 yen per dollar. Today, the U.S. dollar is trading at 105 yen per dollar.
Which currency appreciated and which depreciated today?
A. The dollar depreciated and the yen appreciated.
B. Both currencies appreciated.
C. Neither currency appreciated nor depreciated.
D. The dollar appreciated and the yen depreciated.
E. Both currencies depreciated.
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