US Dollar Declines as Rate Cut Anticipations Grow; Yen Weakens Amid Political Uncertainty in Japan

Reported about 24 hours ago

The US dollar experienced a decline on Monday following a weak jobs report that reinforced expectations for an interest rate cut, while the yen slipped after Japanese Prime Minister Shigeru Ishiba announced his resignation, leading to concerns about policy uncertainty. As the market reacted, analysts emphasized that the primary influence on dollar-yen trading remains US interest rates rather than Japanese political developments.

Source: YAHOO

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