Reported 4 months ago
The yen is close to a five-week high as traders anticipate a key inflation report that may influence US monetary policy. As the first debate between presidential candidates Kamala Harris and Donald Trump approaches, market participants are cautious, aware that a Trump victory could strengthen the dollar. Current market sentiment is mixed, with expectations of a possible interest rate cut by the Federal Reserve next week amidst fluctuating inflation data.
Source: YAHOO