The dollar fell 0.6 percent against the Japanese yen to 152.360 yen after the Japanese central bank kept interest rates very low, but said that the risks surrounding… American economy They are declining somewhat, indicating that conditions are ripe for raising interest rates again.
The Japanese currency suffered a strong blow, falling by about six percent this month, with the dollar and US Treasury bond yields moving around their highest levels since July.
The yen rose against other currencies on Thursday, while the euro fell 0.5 percent to 165.7 yen.
The British pound rose 0.3 percent to $1.2995, a day after British Treasury Secretary Rachel Reeves launched the largest tax increases since 1993 in her first budget. Large spending plans prompted traders to bet on a reduction in interest rates by the Bank of England.
The euro rose 0.2 percent at $1.087325 after data showed that the pace of inflation in the euro zone accelerated more than expected in October.
The dollar index, which measures the US currency against six major currencies, fell 0.1 percent to 103.94, after its latest rise put it on track to achieve its largest monthly gains against its counterparts since April 2022.
In cryptocurrencies, Bitcoin reached about $72,260, after reaching its highest level of $73,609.88 on Tuesday.
