Yen Holds Lower 160 Range Against Dollar Amid Oil Surge and U.S. Yields
The Japanese yen weakened against the U.S. dollar in Tokyo foreign exchange trading, hovering in the lower 160 range as surging crude oil prices and rising U.S. interest rates spurred aggressive selling, according to market participants. Dollar-yen moved within a range of 160.13 to 160.39 yen during morning sessions, with the pair standing at 160.19 … Read more