Reported 2 months ago
The yen continued its decline against the dollar amid reduced trading volumes due to a Japanese holiday, as market uncertainty lingers over potential U.S. Federal Reserve interest rate cuts following strong employment data last week. Investors are closely watching upcoming U.S. inflation data, along with significant global events, which could influence market movements significantly. The dollar was trading at 147.15 yen, with other major currencies showing minor fluctuations, as analysts suggest a careful approach ahead of potential market shifts.
Source: YAHOO