Japan's yen bears brunt of market rethink on Fed - Reuters


8/11/2022 12:00:00 AM2 years 8 months ago

The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed will have to do a lot more to contain inflation.

SINGAPORE, Aug 12 (Reuters) - The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed will have to do a l… [+2817 chars]

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