Japanese yen touches 38-year low as global stocks finish mixed

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Japanese Yen News

Wall Street

NEW YORK, June 27 — The yen, weakened by the Japanese government’s easy monetary policy, hit a 38-year low against the dollar on Wednesday, sparking speculation about a new...

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Preacher Firdaus Wong yet to give statement to cops over covert conversion of minors to Islam, cites busy schedule to Europe The Asian country’s top currency official has said authorities were ready to act 24 hours a day if the unit fell too far, but some investors have said they suspect the new trigger may be 165 yen to the dollar.

The Paris stock market finished the day down 0.7 per cent. Eurozone peer Frankfurt fell 0.1 per cent after a key survey showing German consumers are feeling more pessimistic heading into July, rattled by stubborn inflation and economic uncertainty.On Wall Street, the Dow Jones Industrial Average rose less than 0.1 per cent, while the broad-based S&P 500 gained 0.2 per cent and the tech-rich Nasdaq Composite Index climbed 0.5 per cent.

 

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