Thursday, 24 April 2025

Dollar rises, yen keeps declining in thin trade

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The dollar index, which measures the greenback against six major currencies, hit 100.75, remaining above a one-year low hit last week, while the yen continued to decline in thin trade due to a holiday in Japan.

The dollar rose against the yen last week after monetary policy decisions in the United States and Japan, reaching a two-week high of 144.50 yen, and the dollar traded at 144.16 yen today.

The Australian dollar rose 0.4% to $0.68355, extending gains of 3% in less than two weeks, while the euro was steady at $1.1165.

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