Dollar wavers amid renewed Iran attacks, yen slides on pensions doubts
Currency markets are reacting to renewed Middle East attacks and the closure of the Strait of Hormuz, while traders await critical US inflation data.
7 trends tracked about this subject — the full history, oldest to newest below.
Currency markets are reacting to renewed Middle East attacks and the closure of the Strait of Hormuz, while traders await critical US inflation data.
The U.S. dollar is surging as safe-haven demand rises following renewed U.S.-Iran strikes and the closure of the Strait of Hormuz.
Japan's $1.8 trillion pension fund faces political pressure to shift investments toward domestic assets and alternatives.
The Japanese yen is hovering near 40-year lows as hedge funds increase bearish bets and intervention risks grow.
Asian equities surge as tech sector rebounds and the yen weakens, setting the stage for a record-breaking quarter.
The Japanese yen has plummeted to a 40-year low against the U.S. dollar, triggering emergency intervention tactics and market volatility.
The Japanese yen is nearing a 40-year low despite a rate hike and over $70 billion in interventions by Japanese authorities.