Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade on Nostr: Japanese Yen Hits 37-Year Low Against Dollar, Authorities Signal Response to ...
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
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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