Dollar holds gains made on US jobs data and Middle East flare-up

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SINGAPORE, Oct 7 — Japan’s yen fell to its lowest in nearly two months and other major currencies too were grappling wit...

The yen’s underperformance has also to do with last week’s comments from new prime minister, Shigeru Ishiba, that stoked expectations that rate hikes in Japan are further away.

Sterling was also flat around US$1.3122, nursing last week’s 1.9 per cent drop, its steepest fall since early 2023.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaChinaIsraelJapanSouth KoreaLebanonNew ZealandSingapore

Topics: Us dollar

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 13:23:36 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 628 words

Reading Time: 4 minutes read

Sentences: 22 lines

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News ID: 22918089

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