The dollar stabilized on Thursday, Sept. 15, near its recent highs, supported by expectations that the US Federal Reserve will continue to tighten monetary policy aggressively in an effort to curb inflation, while the yen faltered after a sharp rise on the day. previous one.
The dollar was up 0.28% against the yen to 143.58, after falling 1% on Wednesday on news that the Bank of Japan conducted an exchange rate review with banks, meaning possible willingness. to buy the yen.
The euro eased against the dollar, dropping 0.15% to $ 0.99635, a level not far from the 20-year low of $ 0.9864 reached last week.
The British pound also fell 0.26% to $ 1.15115.
The dollar index, which measures the value of the US currency against a basket of six currencies including the euro, stood at 109.84, maintaining a 1.5% gain since Tuesday, when US data showed showed that inflation has risen more than expected.
This prompted markets to prepare for an expected hike from the US Federal Reserve, as it had no choice but to proceed with another large hike at the rate-setting meeting next week.
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