US dollar soars to new 24-year high versus yen; sterling rebounds - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

México Noticias Noticias

México Últimas Noticias,México Titulares

The dollar climbed to a fresh 24-year peak versus the yen on Wednesday, holding above levels that prompted intervention by Japanese officials last month.

The greenback pared gains after minutes from the last Federal Reserve meeting showed some dovish undertones.The greenback pared gains after minutes from the last Federal Reserve meeting showed some dovish undertones.

Several participants noted the importance of calibrating the pace of further tightening to mitigate the risk on the US economy, the minutes said. In the wake of the US PPI data, the greenback rose as high as 146.98 yen, its strongest since August 1998.Japan staged its first yen-buying intervention since 1998 on September 22, when the dollar was at 145.90 yen.

Officials have reiterated they stand ready to take appropriate steps to counter excessive currency moves, though whether they wish to defend particular levels is less clear.Long-dated gilt yields jumped again, with the 20-year hitting a 14-year high a day after BoE Governor Andrew Bailey reiterated late Tuesday that the central bank would end its emergency bond-buying programme on Friday, telling pension fund managers to finish rebalancing their positions by then.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Digital Currency

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 37. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

SABC to brief NCOP Committee - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Broadcasting Corporation (SABC) Board and Executive are expected back to brief the National Council of Provinces' (NCOP) Select Committee on Public Enterprises and Communications on Wednesday morning.
Fuente: SABCNews - 🏆 37. / 51 Leer más »