Dollar Stagnates as Investors Flock to Yen

Reported about 17 hours ago

The yen emerged as the preferred safe haven for investors, reaching its highest level in five months, amidst concerns over a potential slowdown in U.S. growth driven by tariffs. The U.S. stock market suffered declines, and despite some minor fluctuations in other currencies, the dollar continued to lose ground, reflecting uncertainty over its attractiveness as a safe-haven asset amidst U.S. economic woes. Bank analysts noted fluctuations in global bond yields, while the dollar index remained largely flat.

Source: YAHOO

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