The U.S. dollar is likely to stay under pressure versus the yen, based on charts, said Quek Ser Leang at UOB’s Global Economics & Markets Research in a research report.
A wild week in the currency markets has left hedge funds heading for the exits on their dollar trades and turning their attention toward the Japanese yen.
The ASX is set to rise by 0.7% or 59 points in early trading this morning, following the US up after a strong day of growth ...
The WSJ Dollar Index was down 0.3% to 101.76 — lower for three consecutive trading days.
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