💨 Abstract

The yen stabilized around 154.40 per dollar on Tuesday due to a pullback in the U.S. dollar, which experienced profit-taking after reaching a one-year high. The yen's recovery came after Bank of Japan Governor Kazuo Ueda offered no hints about a potential interest rate hike in December. The dollar weakened against a basket of currencies, with the euro rebounding from a one-year low.

Courtesy: theprint.in