Currencies: Dollar Lower Against Yen On Profit Taking

The dollar backed off ¥124 in Asian trading as investors took some profits after a high-profile rally this week.

Topics:  asian   dollar   profit   
BING NEWS:
  • Dollar falls against yen, US data leaves rate cut hopes intact
    The dollar fell against the yen on Thursday, after the Bank of Japan's less dovish remarks and U.S. data suggested upward price pressures continue to ease, keeping the Federal Reserve on track to cut ...
    10/31/2024 - 7:23 am | View Link
  • Dollar eases as data leaves rate cut hopes intact; yen stronger
    The dollar eased broadly on Thursday after U.S. data suggested upward price pressures continue to ease, keeping Federal Reserve policymakers on track to cut short-term U.S. borrowing costs by a ...
    10/31/2024 - 3:49 am | View Link
  • Yen under pressure as BOJ keeps rates steady
    The yen has fallen more than 6% in October and is on track for what would be its biggest monthly loss against the greenback since November 2016 ...
    10/30/2024 - 5:36 pm | View Link
  • US dollar profits from Japan political uncertainty, pound awaits UK budget
    THE US dollar hit three-month highs against the yen on Tuesday (Oct 29) as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections muddied the political and monetary ...
    10/29/2024 - 1:05 am | View Link
  • Asia FX softens with econ. data in focus; yen steadies amid intervention talk
    The dollar index and dollar index futures moved little in Asian trade, remaining close to three-month highs hit in recent sessions. The greenback was sitting on strong gains in October as a swathe of ...
    10/28/2024 - 4:50 pm | View Link
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