Wall street

Stock market

Dec 28,2022

Image - Getty Images

The dollar index touched a new high against the yen on Wednesday due to a boost in bond yield

Scribbled Underline

Japan launch a surprising policy last week that Yen comes under pressure and then we saw sell of

Scribbled Underline

Dollar raised almost 0.68% to 134.40 in the trading session and lost the Japanese bond yield

Scribbled Underline

Osamu Takashima said that the dollar-yen can fall to 130 in the mid of next year that is 2023

Scribbled Underline

He further said that the dollar-yen can bounce in the midterm and the market is also expecting a recovery.

Scribbled Underline

Thank you for watching this web story