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Published 16 days ago

Morning Bid: Yen bounces from 160 per dollar in busy Fed-led week

Summary by Blue Water Healthy Living
A look at the day ahead in U.S. and global markets from Mike Dolan A week jam-packed with major market events kicked off with some wild action in Japan’s yen during a public holiday there, with a withering drop in the currency to 34-year lows of 160 per dollar meeting predictable intervention speculation that triggered an equally eye-watering rebound. With no official yen purchases yet confirmed, market chatter presumed there had been at lea…

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Blue Water Healthy LivingBlue Water Healthy Living

Morning Bid: Yen bounces from 160 per dollar in busy Fed-led week

A look at the day ahead in U.S. and global markets from Mike Dolan A week jam-packed with major market events kicked off with some wild action in Japan’s yen during a public holiday there, with a withering drop in the currency to 34-year lows of 160 per dollar meeting predictable intervention speculation that triggered an equally eye-watering rebound. With no official yen purchases yet confirmed, market chatter presumed there had been at lea…

16 days ago·Port Huron, United States
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