Yen hits 10-week low, dollar remains stable

PTVPhilippines
PTVPhilippines
  • 7 months ago
Yen hits 10-week low, dollar remains stable
Transcript
00:00 The yen fell to a 10-week low in Friday's trading, while the greenback completed its
00:05 fourth week of gains as traders tended to be a bit more conservative. This as investors awaited
00:11 how quickly the Bank of Japan will raise interest rates and how soon the Federal Reserve will cut
00:17 rates. The Land of the Rising Sun's currency settled at 149.42 per dollar and is actually
00:24 poised for a 68% slip this week.

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