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Fragile yen set for weekly decline as intervention risks mount
The yen remains near a forty-year low, causing trader concern over potential Japanese intervention. Renewed Gulf hostilities are casting a shadow over energy prices and global inflation outlooks. The dollar saw slight easing but remained largely unchanged for the week. Other currencies like the British pound and euro showed strength against the yen. The Reserve Bank of New Zealand hiked rates, signaling further tightening ahead.
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channelnewsasia.com
Dollar edges higher after data as yen holds near 40-year low
NEW YORK, July 7 : The dollar rose modestly on Tuesday following consecutive sessions of slight declines while the yen held near a four-decade low, as investors continued to watch…
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Dollar higher after data as yen holds near 40-year low
NEW YORK, July 7 : The dollar advanced on Tuesday, following two straight sessions of slight declines, while the yen held near a four-decade low, as investors continued to watch…
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Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets
HONG KONG, July 9 : The U.S. dollar held firm against most major currencies on Thursday as renewed Gulf tensions revived safe-haven bids while surging oil prices boosted rate hike…
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economictimes.indiatimes.com
Fragile yen set for weekly decline as intervention risks mount
The yen remains near a forty-year low, causing trader concern over potential Japanese intervention. Renewed Gulf hostilities are casting a shadow over energy prices and global…