Yen Weakens Past Key 155 Level, Adding to Intervention Risk
The yen weakened beyond 155 per dollar for the first time in more than three decades, fueling risk that the key level may prompt Japan to step into the market.
The yen weakened beyond 155 per dollar for the first time in more than three decades, fueling risk that the key level may prompt Japan to step into the market.
Canadian consumers haven’t tightened their belts this much in nearly a year, and there are no signs of spending growth since the start of 2024.
Oil held gains above $88 a barrel before the release of weekly US stockpiles data as traders took cues from wider markets and a fading geopolitical premium.
B. Riley Financial Inc. soared as much as 59% in premarket trading after its auditors signed off on its annual report and the firm said a new internal review found no connection with a controversial former business partner.
Orders placed with US factories for business equipment rose modestly in March, indicating firms are cautious about demand prospects and tempering investment.
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