The yen is in the low 146 yen range against the dollar, marking the lowest level in about one week following the retreat in expectations of a significant rate cut in the USA.
The yen is in the low 146 yen range against the dollar, marking the lowest level in about one week following the retreat in expectations of a significant rate cut in the USA.
September 2, 2024 7:26 JST (excerpt)
On the morning of the 2nd, in the Tokyo foreign exchange market, the yen exchange rate was at around 146 yen to the dollar, marking a low for about one week. The retreat in expectations of a significant rate cut in September, along with the indication of stability in consumption as inflation calms down in the USA's economic indicators, has led to a trend of buying dollars and selling yen, continuing from the previous weekend.
The yen exchange rate is currently 146.31 yen against the dollar at 7:23 AM (compared to 144.93 yen as of 5:00 PM on August 30).
At one point, it reached 146.32 yen, the lowest since August 23.
September 2, 2024 7:26 JST (excerpt)
On the morning of the 2nd, in the Tokyo foreign exchange market, the yen exchange rate was at around 146 yen to the dollar, marking a low for about one week. The retreat in expectations of a significant rate cut in September, along with the indication of stability in consumption as inflation calms down in the USA's economic indicators, has led to a trend of buying dollars and selling yen, continuing from the previous weekend.
The yen exchange rate is currently 146.31 yen against the dollar at 7:23 AM (compared to 144.93 yen as of 5:00 PM on August 30).
At one point, it reached 146.32 yen, the lowest since August 23.
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