Yen Skids to A Four-Year Low
On Wednesday, US bonds drove currencies. It had a rise in long-term interest rates pushing the dollar to an almost four-year high against the yen. A decrease in shorter-dated yields
On Wednesday, US bonds drove currencies. It had a rise in long-term interest rates pushing the dollar to an almost four-year high against the yen. A decrease in shorter-dated yields
Expectations grew that the Bank of England (BOE) would raise interest rates as soon as November 2021. Hence, the dollar was higher, while the pound was slightly shy of its
Commodity currencies tumbled down from several months’ highs on Thursday after sudden selling against the Japanese yen sideswiped their rally on strong raw material prices. However, many traders concluded such
The U.S. dollar rose broadly on Monday. It returned to a one-year high achieved last week as slower Chinese economic growth, and stronger U.S. Treasury yields increased the greenback’s allure, with
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