INSUBCONTINENT EXCLUSIVE:
Minister Fumio Kishida further fueled the rise of the yen.This led to the yen reaching a four-month high against the dollar, briefly
touching the 143 level in New York.This meeting and Deputy Gov
rates.The dollar index faced pressure from the rising yen, which climbed nearly 2% to its strongest point in three months.The euro also
experienced a significant weekly fall, influenced by interest rate expectations and caution before the U.S
non-farm payrolls report.The European Central Bank (ECB) prepares for its final meeting of 2023, while the U.S
Federal Reserve is expected to hold rates steady in its upcoming meeting.Futures markets show a 60% chance of a Fed rate cut by March.This
valuations.As major economies navigate monetary adjustments, their decisions reverberate across global markets, affecting currencies like
Traditionally, Japan used negative interest rates to fight deflation.This policy weakened the yen, affecting imports and trade
This move responds to global trends and domestic economic pressures.The rise of the yen shows its sensitivity to policy changes
