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Dollar hammered by yen as job concerns remain

 
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PostPosted: Thu Jul 01, 2026 5:00 am    Post subject: Dollar hammered by yen as job concerns remain Reply with quote
The dollar has quietly slipped against the yen in this week’s currency trade while remaining mostly flat against other major counterparts including the Euro and British Pound. A less than stellar round of economic reports Monday, Tuesday and Wednesday (June 30) morning have cast a dark cloud over optimism for economic recovery.
After starting the week close to 90 yen, the dollar fell to as low as 88.39 yen in late European trade before a modest rebound to its current 88.59 yen rate in early New York trade.
Wednesday’s weak report ...
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