Reported about 1 month ago
The dollar has dipped slightly amid signs of stabilizing U.S. interest rates, while Japan's yen faces uncertainty ahead of a critical election that could impact the country's monetary policies. Recent positive economic data in the U.S. has contributed to a rise in Treasury yields and provided the dollar with support, as market expectations for Federal Reserve rate cuts have lessened. Meanwhile, upcoming elections in Japan may disrupt the Bank of Japan's strategies, particularly as inflation in Tokyo falters.
Source: YAHOO