Atlas News on Nostr: nostr:note1j7run7c4az6d49ryasdd7zq4xc6luzx9ezng5df88afs9t6fjnyqghr0qm

quoting note1j7r…r0qm

Japanese Yen Hits 37-Year Low Against Dollar, Authorities Signal Response to Volatility
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#56764ea7 ver:0.51

The Japanese yen hits a 37-year low against the US dollar, prompting authorities to consider intervention. The yen's decline is due to interest rate differentials and the strength of the US dollar. Traders await Japan's Ministry of Finance's response. The weak yen affects Japanese households, and some argue for adjustments to monetary policy. The US inflation gauge will influence the Fed's decision on interest rates. Asian currencies also fall due to higher US rates and a stronger dollar. Japanese authorities are ready to support the yen....

#newstr #JapaneseYen #UsDollar #Intervention #InterestRates #FederalReserve #PceData #UsInflation #GlobalMarkets #AsianCurrencies #BloombergAsiaDollarIndex

https://here.news/story/56764ea7?ver=0.51