💨 Abstract

The dollar rose against the yen after Bank of Japan Governor Kazuo Ueda signaled further monetary policy tightening. Ueda suggested another interest rate increase could happen as early as December, but did not provide specific details. The dollar index fell slightly, with the euro up against the greenback. Markets await the U.S. Treasury secretary appointment, with former Federal Reserve Governor Kevin Warsh and billionaire executive Marc Rowan as potential candidates. Sterling also strengthened.

Courtesy: theprint.in