USD Strengthens vs EUR on Rate Divergence; JPY Gains on Verbal Intervention
The dollar rose nearly 2.5% against the euro in September amid higher US yields and growth outlook, pushing EUR/USD near 16-month lows around 1.13. The yen firmed on repeated verbal warnings from US and Japanese officials about JPY weakness, with USD/JPY retreating toward 157.
Original · Reuters AI summary of public reporting
Why: Higher US yields and growth outlook → dollar rises vs euro
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Prices since publication
At publication → CurrentEUR— → 1.12—
JPY— → 158.25—