Source Pravda.Ru

Dollar Rises Against Yen as Unemployment Rate Declines - Comments

As U.S. initial jobless claims were reported to unexpectedly fell last week, the dollar advanced to a three-month high against the yen. The greenback was headed for its first monthly gain since June versus the currencies of major U.S. trading partners on speculation the Federal Reserve is moving closer to withdrawing stimulus measures as the economy recovers, pushing Treasury yields higher.

Show more

Dear readers! Please observe community rules and respect each other. We do not practice censorship. However, all offensive comments will be deleted, and their posters will be blocked.