Japanese Yen Hits 5-week High
The Japanese Yen touched 156.37 against the USD, the highest since September 2026. Over the past 4 weeks, US Dollar Japanese Yen lost 1.2%, and in the last 12 months, it increased 2.53%.
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The Japanese Yen touched 156.37 against the USD, the highest since September 2026. Over the past 4 weeks, US Dollar Japanese Yen lost 1.2%, and in the last 12 months, it increased 2.53%.
Euro dips against the dollar, hits 16-month low versus sterling Eyes on US CPI data due at 1230 GMT Global finance chiefs in Bangkok for IMF, World Bank meetings (Updates with early US prices) By Sruthi Shankar Oct 14 (Reuters) — The euro struggled to gain traction against the dollar on Wednesday as investors awaited U
(Updates with London morning prices, changes analyst's comment) By Rocky Swift and Sruthi Shankar Oct 14 (Reuters) — The dollar fell further from 18-month highs against the euro on Wednesday as investors awaited US inflation data and comments from Federal Reserve policymakers for fresh clues on the pace of monetary pol
The euro fell to a 17-month low against the dollar, pressured by concerns over France's budget deficit and a bond market sell-off, raising fears of a sovereign debt crisis. US economic data showing persistent inflation also buoyed the dollar.
The euro and Swiss franc fell to 16-month lows against the dollar, while the benchmark 10-year Treasury yield settled above 5% after touching its highest since June 2007. The Australian dollar weakened after the Reserve Bank of Australia raised rates as expected.
U.S. stocks fell, Treasury yields hit multi-year highs and the dollar firmed as markets priced a roughly 70% chance of a second straight Fed hike in October. Oil gave back some gains after earlier jumping on renewed Middle East negotiations hopes.
Major stock indexes fell as oil resumed its rise and Treasury yields extended gains ahead of more expected Fed rate hikes. Nvidia rose after boosting its buyback authorization, while gold fell and the dollar strengthened.
The yen weakened against a firm dollar as traders bet that Japanese policymakers will lag behind a hawkish shift by other central banks, widening the interest rate gap. Bitcoin surged to an eight-month high.
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Asian share markets edged higher as chipmakers benefited from AI demand, while oil prices eased on speculation of increased supply. The dollar dipped against the yen amid intervention concerns.
UiPath reported second-quarter ARR up 12% to $1.938 billion and revenue up 13% to $410 million, with a fourth consecutive quarter of GAAP profitability and non-GAAP operating margin expanding to 22%.