A surging yen steadied on Monday as Japan’s incoming prime minister signalled monetary policy should remain accommodative, while the dollar slipped on commodity currencies underpinned by investor expectations of a turnaround in China’s economy.
Yen steadies, dollar slips as China reaches for stimulus
A surging yen steadied on Monday as Japan’s incoming prime minister signalled monetary policy should remain accommodative, while the dollar slipped on commodity currencies underpinned by investor expectations of a turnaround in China’s economy.