Dollar hits 6-month high vs. yen on higher-for-longer US rate expectations
SINGAPORE – The dollar touched a six-month high against the yen on Tuesday as expectations grew that U.S. rates will remain higher for longer and as the debt ceiling impasse kept risk sentiment fragile. Among a slew of Federal Reserve heavyweights who spoke on Monday, some hinted that the central bank still has more to … Continue reading Dollar hits 6-month high vs. yen on higher-for-longer US rate expectations
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