The Yen Is Back in Favor as Currency Traders Shun the Dollar
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.
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Dollar Tumbles as Bond Yields Slide and the Yen Strengthens
The dollar index (DXY00) today is down by -0.50% at a 1-week low. The dollar added to Tuesday's sharp losses today after the ...
Yen Leads Further Unwinding Of The Dollar's Tariff-Threat Inspired Gains
Stronger than expected wage growth and softer US 10-year yields has driven the yen to new highs for the year, to lead the major currencies with more than a 1% gain. Among emerging market currencies, ...