The Japanese yen declined in the Asian market on Tuesday against a basket of major and minor currencies, deepening its losses for the fifth consecutive day against the U.S. dollar, reaching a two-week low. The market is awaiting further evidence on the likelihood of a third interest rate hike in Japan this year. The rise in the yield on 10-year U.S. Treasury bonds is putting downward pressure on the Japanese currency, widening the yield gap between Japan and the U.S., as the market anticipates key U.S. labor market data throughout the week
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25 Jul 2025
European Central Bank: Eurozone companies under pressure from Chinese competition
A survey conducted by the European Central Bank revealed that eurozone companies are facing a growin...
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