Thursday, October 20, 2022

Sterling dips after Truss resigns, fragile yen weakens past 150 level

Fresh threats of intervention made by Japanese policymakers have kept investors on high alert, although there has been no news of further action since the Ministry of Finance's dollar-selling, yen-buying intervention last month.

from Economic Times https://ift.tt/VBj5rW1

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...