US dollar sinks to 7-week lows against yen
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE US dollar hit its lowest in seven weeks on Tuesday, dipping below 100 yen for the first time since June as traders reined in US interest rate hike bets following dovish comments from a Federal Reserve policymaker.
The greenback also fell another one per cent against the commodity-linked currencies most associated with growth and greater risk-taking by investors worldwide.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
