US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations on Nostr: Yen Hits Fresh 38-Year Low as US Dollar Weakens on Weak Data =============== ...
Yen Hits Fresh 38-Year Low as US Dollar Weakens on Weak Data
===============
#332a5058 ver:0.49
The US dollar weakened as Federal Reserve Chair Jerome Powell's dovish comments caused US bond yields to decline, while the yen hit a fresh 38-year low against the dollar. Concerns over President Joe Biden's presidency and easing long-term Treasury yields persisted, while the euro remained strong. Traders are closely monitoring the possibility of official Japanese intervention in the currency market. #USD #JPY #economy...
#newstr #Yen #UsDollar #ExchangeRates #EconomicData #Inflation #InterestRates
https://here.news/story/332a5058?ver=0.49Published at
2024-07-03 16:01:44Event JSON
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"content": "Yen Hits Fresh 38-Year Low as US Dollar Weakens on Weak Data\n===============\t\n#332a5058 ver:0.49\n\nThe US dollar weakened as Federal Reserve Chair Jerome Powell's dovish comments caused US bond yields to decline, while the yen hit a fresh 38-year low against the dollar. Concerns over President Joe Biden's presidency and easing long-term Treasury yields persisted, while the euro remained strong. Traders are closely monitoring the possibility of official Japanese intervention in the currency market. #USD #JPY #economy...\n\n#newstr #Yen #UsDollar #ExchangeRates #EconomicData #Inflation #InterestRates \n\n https://here.news/story/332a5058?ver=0.49",
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