Dollar Strength Soars as Yen and Euro Wield Under Pressure

Dollar Strength Soars as Yen and Euro Wield Under Pressure

Dollar Strength Soars as Yen and Euro Wield Under Pressure On Tuesday, the U.S. dollar saw a notable gain against the Japanese yen and the euro, amid fluctuating global bond yields and robust U.S. consumer confidence. Experts attribute the dollar's climb to developments in Japan's bond market, suggesting policy shifts may be on the horizon.Japan's Ministry of Finance's potential move to trim super-long bond issuance has followed a sharp yield sp…

[New York Joint] As of 8:40 a.m. on the 28th, the yen was trading at 144.45-55 yen per dollar, down 17 sen from the previous day and strengthening against the dollar. The euro was trading at 1.1303-13 dollars, or 163.37-47 yen. The Trump administration's move to Europe