You are here

CURRENCIES

Yen lifted, dollar undermined by US yield curveball

Tokyo

THE yen held near six-week highs against the dollar on Monday as fears of economic recession, fanned by inversion of the US bond yield curve, sapped demand for higher-yield, growth reliant assets and drove investors toward "safe" destinations.

Attention is focused heavily on...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes