Yen breaks above 145/dlr level in choppy trading, dollar firm

Yen breaks above 145/dlr level in choppy trading, dollar firm

The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching the key 145 level as traders warily looked for clues on possible intervention, while the dollar rose to touch a more than one month high. The Japanese yen weakened to as low as 145.22 per dollar in … Read more

Here’s what would happen if the dollar lost its world-currency status

Here’s what would happen if the dollar lost its world-currency status

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The U.S. dollar is the most powerful currency that exists today. Yet analysts have been warning of the dollar’s impending doom since its rise to prominence in 1971. 10:22 Fri, Apr 8 20228:00 AM EDT Source link