Currency Showdown: Japan and China Strengthen Currencies while Dollar Dips
Key Takeaways: Dollar slipped on Monday due to threat of currency intervention from Japanese authorities and rally in China’s yuan
Japanese yen rose 0.1% against the dollar
Dollar index decreased by 0.16% to 104.26
China’s yuan strengthened by 0.2% in onshore markets
Renminbi rebounded after strong signal from China’s central … Read more