Yen rally chatter sends dollar to four-month low, threatening U.S. equities
TL;DR
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.
- Dollar slides to 4-month low on efforts to boost the yen, which could spell trouble for U.S. equities MarketWatch
- Why the Dollar is falling Robin J Brooks | Substack
- Dollar Sinks Amid Yen Intervention Talk and ‘Sell America’ Momentum Barron's
- Dollar under fire again as investors reassess Trump policies, geopolitical risk Reuters
- FX Weekly MUFG Research
Want the full story? Read the original reporting
Read on MarketWatch