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الاقتصادية
Source: الاقتصادية
2 Hrsالاقتصادية
Source: الاقتصادية
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The U.S. dollar rose above 160 yen on Friday, its highest level since early September, as a stronger dollar and rising U.S. Treasury yields put pressure on the yen amid growing expectations of a U.S. interest-rate hike. The prospect of joint intervention lost some of its force after a New York Federal Reserve report showed that U.S. intervention amounted to only about $497 million in yen purchases, compared with Japan’s spending of 15.4 trillion yen ($96.5 billion) to support its currency over the summer. Tokyo warned that it was prepared to intervene again, while analysts said a break above 160.39 yen could pave the way for the dollar to rise to 164 yen.
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