Reported about 16 hours ago
The yen appreciated against both the euro and the dollar as Japan's central bank is poised to continue raising interest rates, contrasting with expected rate cuts by the European Central Bank today. As the ECB is likely to reduce rates to support a weakening EU economy, the dollar fell slightly after the Federal Reserve indicated it might still have room for cuts. Meanwhile, Brazil's central bank raised rates significantly, highlighting differing monetary policies worldwide.
Source: YAHOO