Section

Yen gains after hitting 38-year low, traders on intervention watch

By Inquirer - 3 days ago
Hong Kong, China — The yen edged back slightly Thursday after hitting a 38-year low against the dollar, putting investors on alert for a possible intervention by Japanese authorities, while investors awaited US inflation data that could spark another round of volatility. The Japanese unit’s latest retreat came as uncertainty surrounded the Federal Reserve’s timetable

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.