CNBC·3 min read·medium
Dollar near 2-week low as rate-hike bets fall, embattled yen in focus
R
Reuters
✦AI Summary
The U.S. dollar is trading near a two-week low as cooling job growth reduces expectations for an immediate interest rate hike. Meanwhile, the Japanese yen remains under pressure, keeping markets alert for potential government intervention.
The Japanese yen struggled around four-decade lows on Monday, raising the risk of official intervention, while the dollar steadied after last week's soft jobs report lessened the odds of an imminent interest rate hike.
economybusiness
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in