Bloomberg on Nostr: nostr:note1kzx0cfttr7xnwuyv4m820xzgkrxyjalt05lyf70knznputpwqn9sdx3wpv

quoting note1kzx…3wpv

Asian Currencies Slump to 2022 Low on US Rates, Dollar Strength and the Impact on the Yen
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#56764ea7 ver:0.48

Asian currencies, including the Japanese yen, slump to 2022 lows due to US rates and dollar strength. Yen weakens to lowest level against the dollar since 1986. Traders test Japan's resolve as intervention efforts prove ineffective. US inflation data could influence Fed's decision on rates. Asian currencies at lowest point in 19 months. Central banks intervene to stem currency decline. #AsianCurrencies #YenWeakness #USRates #DollarStrength #InterventionEfforts #FedDecision #InflationData...

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

https://here.news/story/56764ea7?ver=0.48