Japan's yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week after weak US labor data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve. The dollar index was almost stable at 103.17 points. The safe-haven yen traded at 145.43, up 0.8 percent versus the dollar, after hitting a mid-January peak of 145.28 in early deals. The euro was flat at USD 1.091, while the Australian dollar fetched USD 0.6495 and was down 0.25 percent. The selling continued on Monday, with US Treasury yields falling further, stock indexes in the red, and currency volatility slightly lower. Source: Qatar News Agency
You are here:
Home » Japanese Yen to 7-Month Highs as US Economic Slowdown Persist
Japanese Yen to 7-Month Highs as US Economic Slowdown Persist
POPULAR POSTS
QLM Profits Fall Back 22.48%
August 11, 2026
US Stock Indexes Open Mixed on Wall Street
August 11, 2026
QSE Index Opens Lower on Tuesday
August 11, 2026
QSE Index Opens Lower on Tuesday
August 11, 2026
S. Korea Exports Surge by 57.3% in Q2, Boosted by Semiconductors
August 11, 2026
Oman Crude Oil Price Goes Up by USD 8.13
August 11, 2026