Currencies News

Yen Drops From 4-Month High as BOJ’s Kuroda Sees Modest Recovery

The yen weakened from a four-month high against the euro as Bank of Japan Governor Haruhiko Kuroda said the economy was recovering moderately, signaling officials will maintain their stimulus.

Pound Climbs Most in 16 Months Versus Euro on Carney Comments

The pound climbed the most against the euro in more than a year this week after Bank of England Governor Mark Carney said the institution may raise its key interest rate earlier than investors expected.

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