Dollar Stalls, Yen Weakens Before BOJ Decision
Thu, Oct 31, 2024 9:55 AM

Dollar Stalls, Yen Weakens Before BOJ Decision

A Flip by Avya Verma
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The dollar stalls before jobs data, while the yen falters before the BOJ’s announcement As the U.S. dollar stopped ahead of jobs data later this week and the U.S. presidential election next week, the yen continued to face pressure on Thursday as the Bank of Japan appeared poised to maintain ultra-low interest rates. The dollar and U.S. Treasury yields have been at or near their highest levels.

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