The Japanese yen rallied today, while riskier currencies such as the Australian dollar and sterling fell as traders awaited US jobs data. The yen rose about 0.3% to 145.02 per dollar, following a 1% rally overnight against a broadly stronger dollar. The dollar-yen pair tends to track long-term US Treasury yields, which fell about 7 basis points (bps) overnight and continued to decline in Asian trading hours to stand at 3.8329%, as investors flocked to the safety of bonds. The dollar was firm against most other major peers. Sterling was flat at $1.3110, after weakening 0.23% overnight. The euro rose to $1.10495, following a 0.26% decline in the previous session. The Australian dollar fell 0.15% to $0.67015, having fallen 1.2 percent on Tuesday. Source: Oman News Agency
Related Articles
Saudi Crown Prince Camel Festival’s preliminary stage to conclude
Taif, The preliminary stage of the sixth annual Saudi Crown Prince Camel Festival concludes tomorrow with Al Haail and Al Zamoul (types of camels) competitions being held at the Taif Camel Racecourse.
The Al Haail and Al Zamoul category, the sixth a…
Public Health Emergency Operations Center: One wounded in the air raid on Reb Thalatheen town
The Public Health Emergency Operations Center of the Ministry of Public Health issued on Monday a statement, indicating that the Israeli enemy air raid on the southern Lebanese town of Reb Thalatheen led to the injury of one person who was taken to th…
Regional Workshop in Salalah Recommends Boosting National Emergency Plans to Combat Desert Locusts
Salalah: A five-day regional workshop on preparedness and response planning for desert locust outbreaks concluded today in the Wilayat of Salalah, Dhofar Governorate. The workshop was organized by the Commission for Controlling the Desert Locust in th…