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الشرق
Dollar steadies, yen gains 1%
The US dollar index remained steady today, while the Japanese yen experienced a strong rise of up to 1%, reaching its highest level in three months at 155.20 against the dollar, amid market anticipation of possible intervention by Japanese authorities to support the currency, especially after a previous joint intervention with Washington. The yen strengthened against other major currencies such as the euro and the British pound, reinforcing expectations that Japan may intervene again in the foreign exchange market. Meanwhile, the US dollar index held steady at 99.70 points after a significant weekly decline, while the euro reached its highest level in a month and a half at 1.1559 dollars, and the British pound neared its highest in two weeks.
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