The dollar remained
weaker versus the yen after minutes Wednesday from the Federal Reserve™s
January meeting showed policy makers argued for keeping interest rates
near record lows longer due to risks facing the economy.
The greenback fell
against the majority of its Group-of-10 peers after committee members
pointed to the dollar™s strength, international flash points from Greece
to Ukraine, and slow wage growth as weakening the case for the first
rate increase since 2006. Treasury yields fell the most this month
Wednesday.
The dollar was little
changed at 118.74 yen as of 9:55 a.m. in Tokyo from Wednesday, when it
slid 0.4 percent. The greenback traded at $1.1404 per euro from $1.1397.
The single currency bought 135.41 yen from 135.39.
The main lending rate has been in a range of zero to 0.25 percent since 2008.
Source : Bloomberg
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