Currency Market Update: Dollar Weakens as Yen Nears 160 Mark
Key Takeaways π± The dollar weakened after reaching a near eight-week high π The yen steadied amid intervention concerns by Japanese authorities regarding foreign exchange movements π§ββοΈ Market jitteriness led to speculation about possible Ministry of Finance intervention π² The U.S. personal consumption expenditures (PCE) price index release on Friday is highly anticipated for insights … Read more