Day: August 26, 2024

Dollar Slips against Yen

The dollar sank to a three-week trough against the yen on Monday as Federal Reserve Chair Jerome Powell’s emphatic dovish shift contrasted sharply with Bank of Japan chief Kazuo Ueda’s steadfastly hawkish tone.

The US currency hovered near its lowest…

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Japanese Stocks Close Lower as Yen Rises

Japanese stocks fell at the Tokyo Stock Exchange at the end of today’s trading session, with the yen rising to its highest levels since Aug. 5, amid escalating tensions in the Middle East, and increasing chances of a US interest

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