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First reported by bsky
Yen hovers near 40-year low against dollar as intervention risks mount

Asia FX: Yen Hovers Near 40-Year Low as Kiwi Jumps After RBNZ Surprise Hike

By

Jayshree

3h agoen

Source

BitcoinWorldAsia FX: Yen Hovers Near 40-Year Low as Kiwi Jumps After RBNZ Surprise Hikebitcoinworld.co.in
Snippet from the RSS feed
BitcoinWorld Asia FX: Yen Hovers Near 40-Year Low as Kiwi Jumps After RBNZ Surprise Hike Asia foreign exchange markets experienced divergent movements on Wednesday, with the Japanese yen hovering near a four-decade low against the U.S. dollar while the New Zealand dollar surged following an unexpectedly aggressive rate hike by the Reserve Bank of New Zealand (RBNZ). The contrasting moves highlight the varying monetary policy trajectories across the region and […] This post Asia FX: Yen Hovers Near 40-Year Low as Kiwi Jumps After RBNZ Surprise Hike first appeared on BitcoinWorld .

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