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Yen teeters on cusp of 40-year low as BOJ hike fails to stem rout
The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S.-Iran peace agreement. Meanwhile, the Japanese yen has plummeted to levels not seen in two years, prompting traders to keep an eye out for possible intervention from Japanese financial officials.
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cryptobriefing.com
Yen tumbles to 31-year low as Bank of Japan faces challenges
The Bank of Japan raised its benchmark rate to 1%, a 31-year high, as the yen weakens to 160 per dollar. Japan also approved its first yen stablecoin, JPYC.
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economictimes.indiatimes.com
Dollar on the defensive ahead of first Fed decision under Warsh
The dollar weakened ahead of the Federal Reserve's policy decision, with optimism over a U.S.-Iran peace deal boosting risk appetite. The yen also struggled against a softer…
