The dollar-yen exchange rate rose to the low 148 yen range in Tokyo as falling Japanese long-term yields spurred yen selling, with the 30-year JGB auction yield hitting a record high since 1999 and the dollar index also advancing.
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#YonhapInfomax #DollarYen #JapaneseGovernmentBond #ExchangeRate #YenSelling #DollarIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80237
[Tokyo Foreign Exchange Market]Dollar-Yen Rises to Low 148 Range as Yen Sells Off on Falling Yields
The dollar-yen exchange rate rose to the low 148 yen range in Tokyo as falling Japanese long-term yields spurred yen selling, with the 30-year JGB auction yield hitting a record high since 1999 and the dollar index also advancing.