Dollar Hits Six-Week High Against Yen as Fed Likely to be Patient with Rate Cuts
The U.S. dollar climbed to a more than six-week peak against the yen on Thursday, driven by signs of a strong U.S. labor market and expectations that the Federal Reserve will remain cautious in reducing interest rates. As markets absorb economic data, geopolitical tensions, and central bank policies, here’s a breakdown of the key factors […]