News Formal

Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield Gap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Bloomberg Nyheter

Bloomberg TV,Japan,Interest-Rate Outlook

(Bloomberg) -- The yen extended losses, unwinding its sharp rebound on Friday, as traders shifted their focus back to Japan’s interest-rate outlook. Most...

-- The yen extended losses, unwinding its sharp rebound on Friday, as traders shifted their focus back to Japan’s interest-rate outlook.Xi Begins Europe Tour in Paris as Macron Seeks to Reset Ties

To stem yen losses, the Ministry of Finance has probably bought the currency twice in late April and early May, spending about ¥9 trillion in total, according to Bloomberg calculations. The yen still remains the worst performing major currency so far this year with a loss of more than 8% against the dollar.

I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield GapThe yen extended losses, unwinding its sharp rebound on Friday, as traders shifted their focus back to Japan’s interest-rate outlook.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »