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The yen falls to a new low; stock prices go down in the US but go up in Europe

Yen value vs. ASV the dollar fell to a new 32-year low on Thursday, while the British pound rose thereafter of Great Britain Announcement of the resignation of Prime Minister Liza Tras. Stock prices fell on Wall Street, but rose on European stock exchanges.

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The yen fell against the dollar to its lowest level since August 1990, reflecting of Japan The bank’s accommodative monetary policy contrasts with aggressive interest rate hikes by the US Federal Reserve (FRS).

Analysts believe the yen’s decline will continue as long as the policies of the two central banks diverge. New decisions by the FRS to raise interest rates are expected in an attempt to curb the rapid rise in inflation.

Markets also focused on Britain, where the prime minister Via Liza announced his resignation after 44 days in office, the shortest in the country’s history. The ruling Conservative party is planning an early vote for the new party leader and the country’s prime minister.

“The political turmoil in Britain will not subside until we have a clear understanding of who is in charge [valsti] and what his agenda will be, “said OANDA analyst Edward Moya.

On Thursday, the Dow Jones Industrial Average fell 0.3% to 30,333.59 points, the Standard & Poor’s 500 index fell 0.8% to 3,665.78 points and the “Nasdaq Composite “decreased by 0.6% to 10,614.84 points.

London’s FTSE 100 was up 0.3% to 6,943.91 on Thursday, Frankfurt’s DAX 30 was up 0.2% to 12,767.41 and Paris’s CAC 40 was up 0.8% to 6,086, 0.90 points.

WTI crude oil rose 0.5% to $ 85.98 a barrel in e-commerce on the New York Stock Exchange on Thursday. The price of “Brent” crude on the London Stock Exchange fell by less than 0.1% to $ 92.38 a barrel.

EUR against the US dollar on Thursday rose from $ 0.9773 to $ 0.9787 per euro, the British pound against the US dollar rose from $ 1.1219 to $ 1.1224 per pound, and the US dollar against the Japanese yen was increased from 149.90 to 150.19 yen per dollar. The euro rose against the British pound from 87.11 to 87.17 pence per euro.

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