(Reuters) - The yen fell to record lows versus the euro and 17-year lows against the New Zealand dollar on Tuesday as investors continued to dump the Japanese unit for currencies with higher yields.
With the focus on interest rate differentials, the euro ticked up to a one-week high versus the dollar, boosted by expectations that the European Central Bank will raise rates to 4 percent on Wednesday and signal more monetary tightening to come.
Read more at Reuters Africa
With the focus on interest rate differentials, the euro ticked up to a one-week high versus the dollar, boosted by expectations that the European Central Bank will raise rates to 4 percent on Wednesday and signal more monetary tightening to come.
Read more at Reuters Africa
No comments:
Post a Comment