Yen falls as BOJ decides to trim bond buying; euro struggles towards weekly loss

Reported 7 months ago

The Japanese yen weakened after the Bank of Japan decided to maintain rates and reduce bond purchases in the future, causing the yen to drop over 0.5%. Meanwhile, the euro faced political uncertainty and was set for a weekly loss. The U.S. dollar was strong due to gains against the euro and amid fears of political turmoil in France. The article also mentioned the performance of other currencies like sterling, Aussie, and New Zealand dollar, as well as the impact of U.S. economic data on Federal Reserve rate cut expectations.

Source: YAHOO

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