Yen Hits Fresh 38-Year Low as US Dollar Weakens on Weak Data
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#332a5058 ver:0.49

The US dollar weakened as Federal Reserve Chair Jerome Powell's dovish comments caused US bond yields to decline, while the yen hit a fresh 38-year low against the dollar. Concerns over President Joe Biden's presidency and easing long-term Treasury yields persisted, while the euro remained strong. Traders are closely monitoring the possibility of official Japanese intervention in the currency market. #USD #JPY #economy...

#newstr #Yen #UsDollar #ExchangeRates #EconomicData #Inflation #InterestRates 

 https://here.news/story/332a5058?ver=0.49