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The Japanese yen hit its two-month high against the euro yesterday after rumors that the central bank is considering cutting back on its huge monetary stimulus.
The yen also climbed into the comments of US President Donald Trump last Friday, in which he criticized the strength of the dollar, which in turn hurt the Japanese stock markets and led to the withdrawal of more downtowns from Palin
] What is unusually intense, before this monetary policy decision According to sources close to the central bank's guidelines, the months and options include interest rate changes and purchase mechanisms. ; actions.
The central bank is expected to hold its next monetary policy meeting on July 30-31. The yen rose 0.5% against the euro to 130.70 yen per euro, its highest level since July 11th. The dollar, which measures the performance of the greenback versus a basket of six major currencies, fell 0.1% to 94.327, continuing its decline against the US dollar's highest dollar. A year that reached 95,656 on July 19th.
Gold prices stabilized yesterday, near the highest level of the week, as the dollar fell to its lowest level in two weeks. The "ounce" by 0738 GMT and touched the gold metal for delivery contracts in August in the United States has changed little to $ 1231 per ounce
For other precious metals, spot silver rose 0.1% to $ 15.49 ounce.Palladium dropped 0.7 percent to $ 888.20. ounce, while platinum rose 0.2 percent to 827.70 dollars an ounce.
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