Reported about 8 hours ago
The U.S. dollar has fallen to an eight-week low against the Japanese yen and is hovering near a one-month low against the British pound, as anxiety over a global trade war lessens. Supported by rising expectations for interest rate hikes from the Bank of Japan, the yen strengthened, while sterling remained stable despite anticipated rate cuts. Analysts note that the market is increasingly dismissing tariff threats and preparing for possible U.S. rate cuts later in the year.
Source: YAHOO