The yen fell on Friday after the Bank of Japan maintained its ultra-loose monetary policy, while the dollar remained near its highest level in six months on expectations that interest rates will remain high for a longer period in the United States.<\/p>\n\n\n\n
The yen declines after the Bank of Japan sticks to its monetary policy, and the dollar rises<\/p>\n\n\n\n
The yen fell to its lowest level in ten months in the previous session against the backdrop of rising US Treasury bond yields.<\/p>\n\n\n\n
The dollar rose against a basket of currencies by 0.11 percent to 105.51, a level not far from its highest level in six months, which it recorded in the previous session at 105.74.<\/p>\n\n\n\n
The euro fell 0.13 percent to $1.0649, after falling to a six-month low of $1.0617 in the previous session.<\/p>\n\n\n\n
The British pound also fell 0.15 percent to $1.22765, after falling to its lowest level in nearly six months at $1.22305 yesterday, Thursday, after the Bank of England halted a long series of interest rate increases.<\/p>\n","protected":false},"excerpt":{"rendered":"
The yen fell on Friday after the Bank of Japan maintained its ultra-loose monetary policy, while the dollar remained near its highest level in six months on expectations that interest rates will remain high for a longer period in the United States. The yen declines after the Bank of Japan sticks to its monetary policy, …<\/p>\n","protected":false},"author":9,"featured_media":55033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[6837,6885,8501,8143],"class_list":["post-89850","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates","tag-eurozone","tag-fed","tag-feds-beige-book","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=89850"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89850\/revisions"}],"predecessor-version":[{"id":89851,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89850\/revisions\/89851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/55033"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=89850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=89850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=89850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}