Dollar Hits 34-Year High Against Yen Amid Fed Interest Rate Speculation – Market Watch

Dollar Hits 34-Year High Against Yen Amid Fed Interest Rate Speculation – Market Watch

The dollar at one point hit 154.85 yen, the highest level in 34 years. Market participants remain aware of the possibility that the US Federal Reserve (Fed) will keep interest rates high for longer than expected, while they continue to watch for intervention from the Japanese authorities to prevent the yen from depreciating. In late … Read more

Forex Market Update: Japanese Yen and Swiss Franc Slow Appreciation After Iran Announcement

Forex Market Update: Japanese Yen and Swiss Franc Slow Appreciation After Iran Announcement

The Japanese yen and the Swiss franc, which are considered safe currencies, slowed their appreciation. This comes after Iran announced that it had no plans to retaliate against Israel. The Japanese yen and Swiss franc rose against other currencies after reports of Israeli attacks on Iran, but have since weakened. In afternoon trading, the dollar/Swiss … Read more

Devastating Effects of Illegal Gold Mining on Cocoa Farms in Ghana: Decline in Production, Rising Prices, and Environmental Impact

Devastating Effects of Illegal Gold Mining on Cocoa Farms in Ghana: Decline in Production, Rising Prices, and Environmental Impact

On March 28, her cocoa farm was contaminated with toxic substances and was dotted with reddish-brown puddles. The photo shows cacao fruit. Photographed in February at a farm in Osino, Ghana (2024 Reuters/Francis Kokoroko) [サムレボイ(ガーナ) 28日 ロイター] – Her cocoa farm was contaminated with toxic substances and was dotted with reddish-brown puddles. It was left … Read more

Federal Reserve Chairman Signals Confidence in Inflation Decline, Leading to Weaker Dollar

Federal Reserve Chairman Signals Confidence in Inflation Decline, Leading to Weaker Dollar

The dollar has fallen across the board. Federal Reserve Chairman Jerome Powell said on Wednesday that he believes the Fed will have the confidence in the decline in inflation needed to begin cutting interest rates in the “not too distant future.” Meanwhile, the euro was flat in the early going after the European Central Bank … Read more

Dollar Rises Against Euro and Yen: Investors Eye Inflation Data and Fed Rate Cuts

Dollar Rises Against Euro and Yen: Investors Eye Inflation Data and Fed Rate Cuts

The dollar rose against the euro and yen. Investors adjusted their positions ahead of inflation data from Europe and the US, and portfolio rebalancing at the end of the month also had an impact. The market is paying close attention to data that could provide clues as to when the U.S. Federal Reserve will start … Read more