Dollar Rallies After Volatile Week; Yen Hovers Near Historic Lows After a notably turbulent week in currency markets, the dollar experienced gains against the euro and yen, propelled by ongoing assessments of policy and geopolitical developments. As traders keep a close watch on the yen ahead of the Bank of Japan’s policy review, the currency teeters near a 34-year low against the dollar, sparking speculation about potential intervention. Meanwhile, despite a recent retreat from five-month highs, the dollar’s trade-weighted index remains above 106, influenced by Federal Reserve officials’ comments and recent inflation data, which have tempered expectations for imminent rate cuts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Argentina's Inflation Eases in Milei's Debut Month Amid Economic Overhaul READ MORE Why Do Most Nations Use Fiat Money Today? READ MORE Historic $72 Million Coin Auction Set a Century After Magnate's Will READ MORE Governor Waller Opens Conference on U.S. Dollar's Global Role READ MORE China's Gold Appetite Returns: New Import Quotas Signal Market Shift READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment