Dollar Weakens as Yen Rises and Japanese Stocks Fluctuate Ahead of Fed Meeting

Reported 21 days ago

The yen strengthened against the dollar, reversing earlier losses, as traders awaited the Federal Reserve's upcoming interest rate decision. In a mixed Asian market session, stocks showed fluctuations, with investors anticipating a potential rate cut from the Fed and its impact on the economy. While most Asian markets remained lower, US equity futures ticked slightly up following a record high for the S&P 500 Index.

Source: YAHOO

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