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Dollar sinks to 3-month low vs yen as Powell says Fed to go slow

Channel News Asia LogoChannel News Asia2 mo ago

Dollar sinks to 3-month low vs yen as Powell says Fed to go slow - Channel News Asia

Quick Summary:

TOKYO : The dollar tumbled to a three-month low versus the yen on Thursday as traders keyed on comments by Federal Reserve Chair Jerome Powell that interest rate hikes could be scaled back "as soon as December".

The dollar-yen pair is extremely sensitive to changes in long-term U.S.

New Zealand's kiwi added 0.32 per cent to $0.63175, the highest since Aug.17.


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Dollar sinks to 3-month low vs yen as Powell says Fed to go slow - Channel News Asia (Picture 1)Dollar sinks to 3-month low vs yen as Powell says Fed to go slow - Channel News Asia (Picture 2)

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-01 @ 09:17:59 (2 months ago)

News Timezone: GMT +8:00

Ranking: #2065 (out of 6116 stories this day)

News Source URL: channelnewsasia.com

Language: English

Article Length: 559 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 2069560

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 33 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 6 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "Dollar sinks to 3-month low vs yen as Powell says Fed to go slow" was covered 2 months ago by Channel News Asia, a news publisher based in Singapore.

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Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 33 news stories per day.

It's most recent story was published 6 hours ago.

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  • News ID: #2069560
  • URL: https://beamstart.com/news/dollar-sinks-to-3-month-16698586278037

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