Euro, yen slide for third straight day versus US dollar, Fed minutes in focus
Government
The euro and the yen were headed for a third straight daily loss against the U.S. dollar, pressured by political turmoil in France and expectations of increased fiscal spending in Japan. Expansive economic policies in Japan and France’s struggle to rein in its fiscal deficit are expected to increase the risk premium investors demand to hold government bonds, weighing on both currencies. Meanwhile, global shares rose on Wednesday, shaking off political drama, while a prolonged U.S. government
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