Reported 1 day ago
The dollar is poised to end the week stronger, nearing a two-year high due to a hawkish U.S. interest rate outlook, while the yen has weakened to a five-month low amidst the Bank of Japan's reluctance to raise rates. Other currencies, including the South Korean won, Canadian dollar, and Australian and New Zealand dollars, have also reached significant lows. Market focus is now on upcoming U.S. inflation data, which could further influence currency movements.
Source: YAHOO