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Yen drops below 155 to a dollar, adding to risk of intervention

The Asian nation s currency depreciated as much as 0.2% to a session low of 155.17 on Wednesday, marking the first time since June 1990 the yen crossed the 155 level against the greenback. The yen pared the move and traded around 154.92 as of around 9:10 AM New York time.

Dollar s value climbs amid high interest rates, thriving U S economy

Compared to the Japanese yen, the dollar has strengthened by almost 16% this year. Japan and South Korea aren’t happy about the currency gap.

Asian Traders Await Key Data; US Futures Climb: Markets Wrap

(Bloomberg) — Asian markets were set for a muted open Monday as focus shifts to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  US equity futures climbed in early trading after the S&P 500 fell for a sixth straight session on Friday, weighed by…

Asian Traders Await Key Data; US Futures Rise: Markets Wrap

Asian Traders Await Key Data; US Futures Rise: Markets Wrap
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Asian Stocks Rebound With Earnings, Data in Focus: Markets Wrap

(Bloomberg) — Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  Benchmarks in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering after last week’s slump. The dollar was slightly weaker as…

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