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 Drops as Bond Yields Fall on US Inflation and Personal Spending Reports
    The dollar index (DXY00) on Friday fell slightly by -0.04%. The dollar was undercut by Friday’s -5 bp decline in the US 10-year T-note yield after the US PCE deflator report was in line with market ...
    05/31/2024 - 12:38 pm | View Link
  • Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report
    Detailed price information for Japanese Yen/Saudi Riyal (JPYSAR) from The Globe and Mail including charting and trades.
    05/31/2024 - 4:04 am | View Link
  • Yen weakness persists despite Tokyo's $62 billion intervention
    Japan will release closely watched data on Friday that shows how much it spent intervening in the foreign exchange market to prop up the yen in May, in moves that kept the currency from testing new ...
    05/30/2024 - 10:53 pm | View Link
  • Japanese Yen soars, outperforms, Dollar dips
    Against the Asian-EMFX currencies, the Dollar eased modestly. USD/CNH (Dollar-Offshore Chinese Yuan) dipped to 7.2530 (7.2700). The USD/THB pair (Dollar-Thai Baht) slid to 36.70 from 36.90. USD/SGD ...
    05/30/2024 - 7:16 pm | View Link
  • Dollar steadies before inflation test; yen brushes off Tokyo CPI
    The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter suggested room for rate cuts this year, while investors braced for inflation ...
    05/30/2024 - 7:13 pm | View Link
  • More

 

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