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 US Treasury Yields Stabilize as Middle East Tensions Ease READ MORE The Uncertain Path of the Global Economy in 2024: What to Watch READ MORE Gold Soars to New Heights as Fed Rate Cut Hopes Intensify READ MORE ZeroHedge: Javier Milei Ended a DC-Sized Deficit in…Nine Weeks READ MORE Florida Real Estate Falls As Homebuyers Deterred by Higher Insurance Costs READ MORE Add a Comment Cancel replyYour email address will not be published.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