Dollar strengthens as US rates and earnings take center stage
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#080c8e6b ver:1.76

The Dollar-Yen pair has soared to a fresh 34-year peak, reaching 154.68, the highest level since June 1990. The surge in the pair is attributed to the rise in the US 10-year Treasury yield, which reached 4.63% on the back of strong economic data. The Manufacturing Index came in at 15.5, and Weekly Claims for Unemployment Benefits fell to 212K. The Dollar Index (DXY) also climbed to 106.15, a 5-month high. In contrast, other major currencies weakened against the dollar. The Australian Dollar (AUD/USD) slid to 0.6420 following weak employment data, while the Euro (EUR/USD) dipped to 1.0645 due to dovish comments from ECB officials. Sterling (GBP/USD) eased to 1.2435. Bank of Japan President Kazuo Ueda warned that the central bank may raise interest rates if the yen's decline significantly in...

#newstr #Dollar #Yen #BankOfJapan #UsRates #Earnings #Us10yearTreasuryYield #DollarIndex #MajorCurrencies 

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