Thursday, 1 September 2022

Japanese Yen Stumbles Against US Dollar as Japan Faces Higher Steel Prices

USD/JPY hit a fresh multi-decade high as the US Dollar surged despite a revival in US stock prices. Japan is facing higher steel prices that threaten to add more drag to its economic recovery.

from DailyFX - Market News https://ift.tt/XOvAuhc
via IFTTT

No comments:

Post a Comment

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...