Home Currency Yen slips to 39-year low as dollar rally gathers steam
Currency

Yen slips to 39-year low as dollar rally gathers steam

Share


Investors price in Fed tightening while markets watch for Tokyo response

20260629N yen notes

The yen’s decline has heightened expectations that Tokyo could intervene in currency markets. (Photo by Akira Kodaka)

NEW YORK/TOKYO — The yen fell to a 39-year low against the greenback on Monday, as dollar buying driven by U.S. rate-hike expectations mounted pressure on the Japanese currency.





Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Current price of Bitcoin for June 10, 2026

At 9:15 a.m. Eastern Time today, one Bitcoin (BTC) is priced at $61,531.33. That’s down $1,108.33 from where it stood yesterday morning and...

Litecoin Gains 3% Amid Market Rebound, Whale Accumulation | Top Stories

Litecoin's Modest Move: A Confluence of Factors Litecoin's roughly 3 percentage-point move over the last 39 hours appears driven by a combination of...

Related Articles

A cooler inflation print buys British Pound Sterling nothing but a slower decline

The Pound's week-long slide slowed to a crawl on Wednesday, and it...

Current Financial Climate Sees Surge in Cash Use Among UK Consumers

Although cash use has experienced a decline in recent years, cost-of-living pressures...

‘Economic warfare?’ In the West Bank, too much cash is breaking the Palestinian economy

RAMALLAH, West Bank — Picture this: A gas station customer pulls out...

Alleged $2.63m money laundering: Court grants N2b bail to Miyetti Allah president Bodejo

A Federal High Court in Abuja has granted bail to the National...