empty
 
 

15.07.202601:36:45UTC+00Yen Finds Support as Dollar Weakens

The Japanese yen stabilized around ¥162 per dollar on Wednesday, supported by a weaker greenback after softer-than-expected US inflation data reduced concerns about imminent Federal Reserve interest rate hikes. However, the outlook remained uncertain amid escalating geopolitical tensions in the Middle East. Oil prices climbed after President Donald Trump threatened further strikes on Iran and reinstated a US blockade on Tehran in the Strait of Hormuz. In Japan, data showed that core machinery orders fell more than expected in May, underscoring broad-based weakness in business investment. Despite the modest rebound, the yen hovered near 40-year lows, with Tokyo yet to introduce concrete measures to shore up the currency. A recent report also indicated that Japan has no immediate plans to change the asset allocation of its state pension funds, tempering expectations for near-term support for domestic markets.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback