A surging yen steadied on Monday as Japan’s incoming prime minister signalled monetary policy should remain accommodative, while commodity currencies were lifted to the year’s highs by investor hopes of a turnaround in China’s economy.
Dollar slips as China rolls out stimulus
A surging yen steadied on Monday as Japan’s incoming prime minister signalled monetary policy should remain accommodative, while commodity currencies were lifted to the year’s highs by investor hopes of a turnaround in China’s economy.