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Dollar Plunges Below 160 Yen in New York

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Insights by Echo AI

The dollar fell below 160 yen in New York trading on Thursday, its lowest level in about one and a half months. This drop came after the dollar had traded above 163 yen earlier in the day, its highest level in nearly 39 years and eight months. The yen attracted buying after the U.S. Federal Reserve stopped short of raising interest rates at its policy-setting Federal Open Market Committee meeting. Japanese authorities were speculated to have intervened in the market to support the yen.

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5 Sources

  1. Jiji Press 時事ドットコム(時事通信ニュース) avatar

    Jiji Press 時事ドットコム(時事通信ニュース)

    X / Twitter / @jijicom

    円急反発、一時160円台 NY市場 https://t.co/3LvhyOTjT4 30日のNY外為市場で、円の対ドル相場が一時1ドル=1...

  2. Adnkronos avatar

    Adnkronos

    RSS / @adnkronos.com/rss.xml

    Dollar Dives below 160 Yen in N.Y. (Adnkronos) - New York, July 30 (Ji...

  3. Adnkronos avatar

    Adnkronos

    RSS / @adnkronos.com/rss.xml

    Dollar Sinks below 160.50 Yen in Tokyo Morning (Adnkronos) - Tokyo, Ju...

  4. RTHK即時新聞 avatar

    RTHK即時新聞

    Telegram / @rthk_new_c

    美元兌日圓跌逾1% 跌至157日圓水平 美元兌日圓跌逾1%,延續之前1日的跌勢,美元自日內高位160.87日圓,急挫至157.6日圓。 日...

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