Dollar Weakens on Soft US Data, Yen Remains at 38-Year Low
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#332a5058 ver:0.56

The weakening US dollar and 38-year low for the yen are reversing as softer US economic data raises expectations of Fed rate cuts. The USD/JPY pair retreats from its peak, prompting traders to prepare for possible Japanese government intervention. The market now prices in a 68% chance of a US rate cut in September. The yen's value is influenced by the Japanese economy, Bank of Japan policy, bond yield differentials, and risk sentiment. #USD #JPY #economy #Fed #forex...

#newstr #Dollar #Yen #UsEconomy #InterestRates #NonfarmPayrolls #CurrencyIntervention #UkElections #FrenchElections #Sterling #Euro #Bitcoin #Ether 

 https://here.news/story/332a5058?ver=0.56