Dollar nears 6-week low against yen - Breaking The News
Download our appPlay StoreApp Store

Dollar nears 6-week low against yen

UNSPLASH/JUN RONG LOO

The dollar sank compared to the yen on Monday, reaching a low unseen since December 17. On Friday, the Bank of Japan raised interest rates to 0.5%, taking them to their highest level in 17 years. The country's business activity improved slightly in January, although manufacturing lagged behind services. Meanwhile, the dollar has been unsettled by the start of United States President Donald Trump's first week in office and his threats of widespread tariffs, among other policy shifts. The private sector and consumer confidence in the US both slipped in January.

The dollar traded 1.33% lower against the yen at 6:19 am ET, going for 153.863.

Related Stocks
USD/JPY
Related News
Trump says auto tariffs coming around April 2
United States President Donald Trump announced Friday that tariffs on imported automobiles will take effect around April 2. The announcement follows Trump's recent executive order on reciprocal tariffs, which aims to match foreign duties on US exports.During a signing ceremony for multiple executive orders in the Oval Office, Trump also warned BRICS nations against efforts to undermine the US dollar's dominance.Moreover, the president stressed that...
Fed's Waller advocates stablecoin regulation to strengthen dollar
Federal Reserve Governor Christopher Waller emphasized on Thursday that stablecoins could enhance the dollar's position as a global reserve currency during a conversation at the Atlantic Council in Washington.He highlighted that over 90% of global transactions are already dollar-denominated, asserting that dollar-based stablecoins would further strengthen this dominance. "These things are going to broaden the reach of the dollar across the globe, they're...
Euro at highest against dollar since December 17
The euro climbed against the dollar on Friday, hitting a five-week high following the latest economic data. The Eurozone's private sector returned to growth in January, according to a preliminary PMI report. Although manufacturing remains in contraction, it is moving toward a recovery, led by an unexpected jump in German business activity.The euro traded 0.90% higher against the dollar and sold for 1.05125 at 10:23 am CET. It also gained 0.27% against the...
Euro hits highest against pound since late August
The euro jumped to its highest point against the British pound since late August 2024 on Monday.The report revealed that Germany's producer inflation rose for the second consecutive month, highlighting economic resistance that appeared to bolster the euro's upward movement. The European Central Bank could factor in the data as it prepares for its upcoming monetary policy decision. Meanwhile, the pound has been on a downward streak as a result of the...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.