Dollar soft ahead of U.S. data, yen holds onto its gains after election

Teona Gherasim

The U.S. dollar nursed steep losses on Tuesday ahead of a slate of economic data that will shape the interest rate path, while the yen held on to its gains in the wake of Prime Minister Sanae Takaichi's resounding election victory. Sterling was steady in early Asian hours after a volatile Monday as investors weighed the crisis facing Prime Minister Keir Starmer and rising wagers of further rate cuts. It last fetched $1.3682 after rising 0.6% in the previous session. The Japanese yen was at 155.

din zilele anterioare