Asian currencies mixed as yen gains on risk aversion, Taiwan dollar breaks 33
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Asian currencies traded mixed on Friday as a sharp selloff in U.S. technology shares drove investors towards haven assets, supporting the Japanese yen, while the Taiwan dollar briefly weakened past a key psychological level. Still guessing which stocks will beat…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA selloff in U.S. tech shares drives investors to haven assets and weighs on Asian currencies.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The yen strengthened to a one-week high near 157.40 per dollar.
- 02The Taiwan dollar briefly weakened past the 33 level.
- 03The U.S. dollar index rose 0.1% to 101.70 ahead of payrolls data.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar/Japanese Yen FX Spot Rate157.8110-0.04%today +0.10%Neutral US Dollar Index101.64000.00%today +0.09%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets