From BigGo Finance · BigGo Finance · · 50s
Dollar-Yen Stalls in Lower 157 Range
Dollar-yen struggles to gain ground after Fed Chair Warsh signals no rate hike this month.
In brief
Dollar-yen struggles to gain ground after Fed Chair Warsh signals no rate hike this month. Dollar-yen traded near 157.80 yen as rate hike bets faded following Fed Chair Warsh's speech. Originally reported by BigGo Finance.
Dollar-Yen Moves Softly
Dollar-yen traded near 157.80 yen in morning session after Fed Chair Warsh signaled no rate hike this month.
Fed Chair Warsh Signals No Rate Hike
Fed Chair Warsh did not mention a rate hike at this month's FOMC meeting in his speech on the 16th.
Dollar-Yen Trades Near 157.80
Dollar-yen hit 157.78 yen before paring losses to 157.80 yen by 9 a.m.
Trading Ranges Narrow
Dollar-yen traded between 157.70 and 157.97 yen with EUR/JPY at 176.87 to 177.25 yen.
The headline
Dollar-yen traded near 157.80 yen as rate hike bets faded following Fed Chair Warsh's speech.
