Euro, yen bounce
Euro, yen bounce as dollar stalls near three-month highs
The U.S. dollar stalled near a three-month high against other major currencies on Thursday, underpinned by expectations for a slower pace of interest rate cuts by the Federal Reserve, while the euro and Japanese yen climbed off recent lows.
The dollar climbed above 152 yen for the first time since late July on Wednesday and kept the euro pinned at a two month low, ...
The US dollar is a bit sluggish in the early hours of Tuesday, as the market continues to see a lot of malaise when it comes ...
The dollar rose to near three-month peaks versus the Japanese yen and euro early Tuesday, as rising Treasury yields continued ...
The US 10-year yield is up a couple of basis points to 4.23%, while European benchmark yields are mostly 1-2 bps lower. Click ...
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The yen's weakness was exacerbated by data showing Japan's economy shrank more than initially reported in the first quarter. The euro, on the other hand, climbed on Monday after a convincing and ...
And shares of McDonald's (MCD.N) fell nearly 6% in premarket trading after an E. coli outbreak linked to the restaurant chain ...
Therefore, holding a long yen position is costly because it offers a much lower interest rate than its counterpart in a ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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