US$ falls against yen after BOJ keeps rates unchanged
London
THE US dollar fell on Wednesday, retreating from a near three-week high hit against the yen the previous day, after the Bank of Japan (BOJ) kept monetary policy unchanged despite slowing inflation.
The greenback was also waning ahead of the release of US Federal Reserve minutes and the start of an earnings season that could show the negative impact of a strong currency, spreading caution about any rate hike in the world's largest economy.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
New Thai finance minister downplays row with central bank
South-east Asia increasingly used for illicit money flows, terrorist financing: US Treasury official
Apac finance M&A to stay subdued after Q1 decline as uncertainties linger: S&P Global
Japan's Nikkei closes at 3-week high on US rate-cut outlook, tech boost
Philippines’ PLDT in talks to sell up to 49% of data centre business to Japan’s NTT
Infineon launches savings programme as weak demand persists