The US dollar nudged lower, pulling back from six-month peaks against the yen, following news of a U.S. debt ceiling deal, which lifted risk appetite across world markets and dented the greenback's safe-haven appeal. What does that signal?

The Nikkei, meanwhile, closed at a fresh 33-year high on Monday. How has the Japanese yen reacted to this?

Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out more.



Highlights: 
01:06 - US dollar nudges lower after tentative deal - what does that signal?
03:07 - Will a weaker dollar tip some emerging economies into debt or political crises?
03:59 - Could dollar instability also benefit rivals such as China?
05:14 - How has the Japanese yen reacted to the Nikkei hitting fresh 33-year high?
07:04 - Will the nature of the debt ceiling deal that’s expected to be signed on Wednesday impact Forex markets?

The US dollar nudged lower, pulling back from six-month peaks against the yen, following news of a U.S. debt ceiling deal, which lifted risk appetite across world markets and dented the greenback's safe-haven appeal. What does that signal?
The Nikkei, meanwhile, closed at a fresh 33-year high on Monday. How has the Japanese yen reacted to this?
Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out more.
 
Highlights:  01:06 - US dollar nudges lower after tentative deal - what does that signal? 03:07 - Will a weaker dollar tip some emerging economies into debt or political crises? 03:59 - Could dollar instability also benefit rivals such as China? 05:14 - How has the Japanese yen reacted to the Nikkei hitting fresh 33-year high? 07:04 - Will the nature of the debt ceiling deal that’s expected to be signed on Wednesday impact Forex markets?

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We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

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