Dollar falls, yen hits 40-year low
The US dollar declined against six major currencies, closing at 101.28 points after a 1.4% increase in the current quarter. Meanwhile, the Japanese yen dropped to its lowest level since 1986 at 162.41 against the dollar, sparking concerns about Tokyo's potential intervention in the currency markets. The euro also fell slightly by 0.18%, reaching $1.1403. The Australian dollar hit its lowest level in three months at $0.6867 amid fluctuations in global currency prices ahead of US employment data, which may influence interest rate expectations.
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