Japan's yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week after weak US labor data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve. The dollar index was almost stable at 103.17 points. The safe-haven yen traded at 145.43, up 0.8 percent versus the dollar, after hitting a mid-January peak of 145.28 in early deals. The euro was flat at USD 1.091, while the Australian dollar fetched USD 0.6495 and was down 0.25 percent. The selling continued on Monday, with US Treasury yields falling further, stock indexes in the red, and currency volatility slightly lower. Source: Qatar News Agency
Home » Japanese Yen to 7-Month Highs as US Economic Slowdown Persist
Japanese Yen to 7-Month Highs as US Economic Slowdown Persist
Recent post's
Eight Militants Killed in Security Operation in Khyber Pakhtunkhwa
September 24, 2026
GCC Condemns Houthi Missile Launches Toward Saudi Cities of Taif, Yanbu
September 24, 2026
GCC and ASEAN Strengthen Ties at Joint Ministerial Meeting
September 24, 2026
Qatar Engages in Key UN Mediation Meeting
September 24, 2026
Qatar Partners with Memorial Sloan Kettering to Boost Cancer Care
September 24, 2026
GCC and Portugal Forge Agreement to Enhance Bilateral Relations
September 24, 2026
Qatar Engages in Arab Interior Ministers Council Coordination Meeting
September 24, 2026
Sultan bin Saad Al Muraikhi Meets with European Commissioner Magnus Brunner
September 24, 2026