Yen Strengthens on Rate Hike Speculations as US Jobs Data Looms

Reported about 12 hours ago

The yen rose to a nine-week high amid expectations of interest rate hikes in Japan, while the US dollar remained steady ahead of the anticipated US jobs data. Economists foresee unemployment holding at 4.1% with job additions of 170,000, but uncertainties linger due to recent census data revisions. The dollar index was stable at 107.71 as traders eye geopolitical tensions and potential changes in Federal Reserve policies amidst President Trump's new tariffs.

Source: YAHOO

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