Uncertainty looms as US debt ceiling deal remains tentative.

1 min read
Source: Reuters.com
Uncertainty looms as US debt ceiling deal remains tentative.
Photo: Reuters.com
TL;DR Summary

The Japanese yen weakened against the US dollar after Japan's top finance diplomat, Masato Kanda, stated that authorities were closely monitoring forex market moves and would respond appropriately, but were not focusing on particular levels. The dollar rose to 140.61 yen, up 0.12% on the day, after hitting a six-month high at 140.93 before the meeting.

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