Yahoo Finance on Nostr: nostr:note173fpeu9gjldjmaqyl8m3vr2l0sn9kp9amw4f7lvp6j7njnucgf8qzqkfxt

quoting note173f…kfxt

Yen Rises as US Inflation Slows, Dollar Weakens
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#39bf1ea9 ver:1.34

The Japanese yen strengthens as US inflation slows, causing the dollar to weaken. The yen's volatility is influenced by economic factors in both Japan and the US. The yen's recent rebound suggests that US data and policy are its primary driver. The yen's rally is fueled by the decline in US inflation and the narrowing gap between US and Japanese yields. Other currencies, such as the euro and Australian dollar, also hit multi-month highs against the dollar. Bitcoin's performance in Japanese markets is seen as an alternative amid the yen crisis. #yen #dollar #inflation #volatility #bitcoin...

#newstr #JapaneseYen #UsInflation #CurrencyExchangeRates #Usdjpy #UsEconomy

https://here.news/story/39bf1ea9?ver=1.34