Dollar Climbs to 10-Week Peak; Yen Under Pressure as Japan Readies for Intervention
The U.S. dollar maintained its bullish momentum, reaching a 10-week high against major currencies, driven by solid U.S. economic data and tempered expectations for aggressive Federal Reserve rate cuts. The dollar index rose to 104.38, not far from its overnight high of 104.57, marking its highest level since late July. Meanwhile, the Japanese yen struggled […]