Yen rally chatter sends dollar to four-month low, threatening U.S. equities

1 min read
Source: MarketWatch
Yen rally chatter sends dollar to four-month low, threatening U.S. equities
Photo: MarketWatch
TL;DR Summary

The dollar weakened to a four‑month low as reports of a coordinated move to bolster the yen surfaced, a development that could curb yen-carry trades and weigh on U.S. stocks, with the ICE dollar index around 96.85 and USD/JPY near 153–154 per dollar.

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