U.S. Dollar Opens 2025 Strong, Yen Nears Five-Month Lows - PRESS AI WORLD
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U.S. Dollar Opens 2025 Strong, Yen Nears Five-Month Lows

share-iconThursday, January 02 comment-icon2 weeks ago 6 views
News sources:
reutersREUTERS
U.S. Dollar Opens 2025 Strong, Yen Nears Five-Month Lows

Credited from: REUTERS

  • The **U.S. dollar** commenced 2025 on a robust trajectory, following a successful year against most currencies.
  • The **yen** approached its lowest point in over five months, trading at **157.54 per dollar**, weighed down by high U.S. interest rates.
  • Market attention is directed towards the incoming **Trump administration** and anticipated policies aimed at boosting growth.
  • The **dollar index** reflects strong performance, measuring at **108.53**, close to a two-year high.
  • Other currencies like the **euro** and **GBP** faced challenges, with expectations for interest rate cuts impacting their values.

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