Dollar Holds Firm as Markets Watch Yen Intervention Risks

(Publish from Houston Texas USA)

The dollar stayed stable on Monday while traders kept a close eye on possible Japanese intervention to support the yen. UK gilt markets were cautious ahead of the upcoming British budget, and expectations of a rate cut at New Zealand’s policy meeting added to the week’s uncertainty, which is shortened by holidays.

Leave a Reply

Your email address will not be published. Required fields are marked *