Yen steadies near strongest since February as dollar softens
The Japanese yen steadied near its strongest level since February, keeping the dollar on the defensive. Oil pushed toward $100 per barrel amid a widening Middle East war, with Iranian-backed Houthis launching strikes in Yemen.
The Japanese yen steadied near its strongest level since February on Wednesday, leaving the dollar on the defensive as traders tracked oil prices pushing towards $100 per barrel amid the widening war in the Middle East. Iranian-backed Houthis in Yemen launched strikes.