03/April/2023 Safe-haven dollar slides as bank fears ease; yen surges.


https://wa.me/918533921765

https://www.firsttradingchoice.com/

The U.S. dollar slid for a second day against major peers on Tuesday as receding fears of a full-blown banking crisis sapped demand for the safest assets.

The yen, traditionally also a safe haven, however, rebounded strongly for overnight losses, with analysts pointing to likely repatriation of overseas profits by Japanese corporations into the end of the country’s fiscal year on Friday.


Leave a Reply

Your email address will not be published. Required fields are marked *