Category: yen

Risk Currencies’ Rally Pauses, Yen Recovers, Turkish Lira Sinks

LONDON—Australian and New Zealand dollars slipped from highs hit overnight, and the dollar fell versus the yen on Thursday, in what analysts said was profit-taking following a strong rally. The U.S. dollar index was flat on the day at 1051 GMT, at 93.669. Versus the Japanese yen, the dollar was down 0.3 percent at 114….


Dollar Looks Set to End Week Down, Yen Nears a 3-Year Low

LONDON—The dollar headed for its first weekly decline versus major peers since the start of last month on Friday as global risk appetite rebounded, while the Japanese yen headed for a three-year low and the price of bitcoin hit nearly $60,000. The dollar index slipped 0.1 percent to 93.9 and was down 0.2 percent for…


Dollar Hits Highest Vs Yen in Nearly 3 Years as Markets Retain Fed Taper Bets

LONDON—The dollar rose to its highest in nearly three years versus the yen on Monday as investors remained confident the U.S. Federal Reserve will announce a tapering of its massive bond-buying next month despite softer U.S. payrolls figures. The jobs data released on Friday pushed U.S. bond yields higher, and so the yen, which is…


Dollar Rises to Strongest Levels in 2021 Despite Growing Concerns Over Government Shutdown

The dollar rose to its strongest levels of the year against rival currencies on Wednesday, in spite of growing concerns that the Federal Reserve will start to withdraw policy support and as Republicans continue to block Democratic efforts to raise the debt limit, threatening to plunge the government into shutdown. The dollar index—which measures the U.S. currency…


Dollar Rises to Strongest Levels in 2021 Despite Growing Concern Over Government Shutdown

The dollar has risen to its strongest levels of the year against rival currencies, in spite of growing concern that the Federal Reserve will start to withdraw policy support and as Republicans continue to block Democrat efforts to raise the debt limit, threatening to plunge the government into a shutdown. The dollar index—which measures the U.S. dollar…