Dollar sinks to 3-month low vs yen as Powell says Fed to go slow - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The dollar index - which measures the currency against six major peers including the yen and euro - extended Wednesday's more than 1% drop into Thursday, dipping as low as 105.69.The dollar index - which measures the currency against six major peers including the yen and euro - extended Wednesday's more than 1% drop into Thursday, dipping as low as 105.69.

The greenback was 0.48% lower at 137.39 yen in the Asian morning, after earlier dipping to 137.27 for the first time since August 26, with yields on 10-year Treasury notes standing at 3.62% in Tokyo. Markets are currently pricing 91% odds that the Fed slows to a 50 basis point rate increase on December 14, and just 9% probability of another 75 basis point bump.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MTN Ghana could cut off a quarter of its subscribers on Thursday | BusinessMTN Ghana says it has received a directive to deactivate sims that have not completed a biometric registration process, set to effect 5.7 million subscribers, or a quarter of its base. | News24_Business _Business Best they switch them off then. Don't want a repeat of Nigeria. _Business | cant explain how you make me feel right now, the joy in me is inexplicable, I have made more than R65,000 during the last 2 weeks with the help of marksust6 _Business This should be implemented worldwide to reduce crime .
Source: News24 - 🏆 4. / 80 Read more »