THE dollar was testing a five-week high versus major peers on Monday (Feb 13), particularly gaining against the rate-sensitive Japanese yen, as investors’ bet that the Federal Reserve will keep monetary policy tight for longer sent US yields higher.
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Bank of Japan to consider slower bond taper as fresh global risks emerge
The central bank’s policy normalisation is at a crossroads as steep US tariffs hurt Japan’s export-heavy economy, forcing the board to cut...
