The yen stabilized near 160 against the dollar on Tuesday. US Treasury Secretary Scott Bessent urged the Bank of Japan to raise rates. Currency markets watched renewed Middle East conflict and rising oil prices. Traders anticipate a potential Federal Reserve rate hike in September. Investor attention focuses on upcoming economic data this week.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.