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Japanese Yen Strengthens on Intervention Warning as Fed Rate Cuts Weigh on EURUSD, GBPUSD

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The yen strengthened after Japan's finance minister signaled possible currency intervention.
  • The dollar showed mixed performance as Fed rate cuts loom amid high inflation and sluggish U.S.
  • hiring.
  • EURUSD and GBPUSD weakened, while USDCAD gained modestly.
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EURUSD price history

1.15 -0.86% over the displayed period

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