Dollar climbs to fresh 20-year high on yen, tests 2-year peak on euro - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen and tested a two-year peak against the euro, supported by high US Treasury yields.

are within touching distance of turning positive for the first time in two years.

“Policy divergence between the Fed and low-yielding central banks continues to argue in favour of USD strength,” said Francesco Pesole, FX Strategist at ING. US inflation is “far too high”, St. Louis Federal Reserve Bank President James Bullard said on Monday as he repeated his case for increasing interest rates to 3.5% by the end of the year.

Many investors are betting the yen has further to fall. The latest CFTC data for the week ending April 12 shows net short yen positions are the largest in three and a half years.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 37. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Around 20 dead in road crashes in Mpumalanga over Easter weekend - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.About 20 people have died in Mpumalanga due to road crashes since the beginning of the Easter holidays. I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to _ambreymarcus1 , and I gave Bitcoin trading another try, I successfully withdrew R85,000 after two weeks of trading, am so grateful _ambreymarcus1 thank you. Because of this
La source: SABCNews - 🏆 37. / 51 Lire la suite »

2023 Total-Energies Africa Cup of Nations draw will take place on Tuesday - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The draw for the Total-Energies Africa Cup of Nations, Cote d’Ivoire 2023 group stages will take place Tuesday night, following the release of the draw procedures by the Confederation of African Football on Monday. BAFANA BAFANA good luck u have been robed for years but God will bless u one day.
La source: SABCNews - 🏆 37. / 51 Lire la suite »