Japan's yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week after weak US labor data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve. The dollar index was almost stable at 103.17 points. The safe-haven yen traded at 145.43, up 0.8 percent versus the dollar, after hitting a mid-January peak of 145.28 in early deals. The euro was flat at USD 1.091, while the Australian dollar fetched USD 0.6495 and was down 0.25 percent. The selling continued on Monday, with US Treasury yields falling further, stock indexes in the red, and currency volatility slightly lower. Source: Qatar News Agency
Related Posts
QBIC Shows Entrepreneur Projects
The MENA region’s leading mixed-use business incubator, Qatar Business Incubation Center (QBIC) – founded by Qatar Development Bank (QDB) – has announced its plans to launch the Demo Day for graduating startups from two of its flagship programs; the Le…
HH the Amir Chairs Third Meeting of Supreme Council for Economic Affairs and Investment in 2021
HH the Amir Sheikh Tamim bin Hamad Al Thani, Chairman of the Supreme Council for Economic Affairs and Investment, chaired the Council’s third meeting in 2021 at the Amiri Diwan yesterday’s morning.HH The Deputy Amir Sheikh Abdullah bin Hamad Al Thani, …
HH The Amir Issues Amiri Decision Appointing Board of Directors of Qatar Financial Markets Authority
HH The Amir Sheikh Tamim bin Hamad Al Thani issued on Sunday, 12 December 2021, the Amiri Decision No. 68 of 2021, appointing the Board of Directors of the Qatar Financial Markets Authority.The decision stipulated that the Board of Directors of the Qat…