The yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federal Reserve rate hikes. Mixed signals from Fed officials on the policy path ahead also contributed to the currency's weakness. Despite a slight pullback, the dollar remains strong, poised for its first back-to-back weekly gain since February.

LONDON, June 23 : The U.S. dollar rose to its highest level in more than a year on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching…

HONG KONG, June 23 : The U.S. dollar held firm on Tuesday as traders positioned for a more hawkish Federal Reserve and oil prices rebounded following steep losses, while the yen…

HONG KONG, June 23 : The U.S. dollar held firm on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching lower on ebbing Gulf tensions, while…

TOKYO: Japan's finance minister said on Tuesday (Jun 23) that Tokyo was ready to take "resolute measures" as the yen came within a whisker of its 40-year low against the…

Japan's finance minister said Tuesday that Tokyo was ready to take "resolute measures" as the yen came within a whisker of its 40-year low against the dollar.

Japan's finance minister said on June 23 that Tokyo was ready to take "resolute measures" as the yen came within a whisker of its 40-year low against the dollar.

The US dollar surged to a year-high on Tuesday, driven by expectations of a more aggressive Federal Reserve and ongoing Middle East uncertainty. Traders are anticipating rate…

The Japanese yen trades near 161 per dollar despite the BOJ's record $73 billion intervention and rate hike to 1.0%, with carry trade dynamics creating

By Ronnie Harui and Renae Dyer

The yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federal Reserve rate hikes. Mixed signals…

LONDON, June 26 : The dollar was a touch softer against other major currencies on Friday as fresh economic data and Federal Reserve comments led markets to pare rate-hike bets,…