[ad_1] Japanese stocks rose after the nation’s new prime minister damped speculation about another interest-rate increase, weakening the currency. Treasuries slid and the dollar gained Wednesday on signals the US may slow its easing. The yen tumbled about 2% against the dollar Wednesday, its worst day since June 2022, after Shigeru Ishiba said the economy […]
Yen snaps five-day gain, weakens versus dollar in choppy trading – CNBC TV18
[ad_1] The yen weakened more than 1% against the dollar on Tuesday morning, halting a five-day surge that gathered pace when the Bank of Japan hiked interest rates last week. The currency then clawed back much of the intraday loss amid choppy trading and was down 0.6% at 145.02 as of 9:58 a.m. in Tokyo. […]