In Uncoordinated Steps, Japan and China Help Slow Greenback's Rally
Marc Chandler
September 11, 2023
Overview: The Bank of Japan Governor Ueda hinted the
world's third-largest economy may exit negative interest rates before the end
of the year. This sparked the strongest gain in the yen in a couple of months
and lifted the 10-year yield to nearly 0.70%. In an uncoordinated fashion,
Chinese officials stepped their rhetoric and indicated that c…
In Uncoordinated Steps, Japan and China Help Slow Greenback's Rally
Reviewed by Marc Chandler
on
September 11, 2023
Rating:
