Dollar gains, yen slips as Japanese yields tumble
From Yahoo Finance: 2025-05-26 21:13:00
The dollar strengthened due to Japan’s bond yield fall and improved U.S. consumer confidence. Japan may reduce super-long bond issuance as yields hit record levels. U.S. consumer confidence beat expectations. Minneapolis Fed President calls for steady interest rates amid tariff uncertainty. French inflation at lowest since 2020. Trump drops 50% tariffs on EU imports. EU seeks U.S. investment details. Concerns over tariffs’ impact on growth and inflation. ECB President says euro could rival dollar with stronger EU. U.S. House budget faces opposition, changes. Senate Republicans seek amendments to spending bill. Swiss franc strengthens as inflation may turn negative. SNB Chair says negative inflation may not prompt intervention.
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