Investing.com– Most Asian currencies weakened on Friday, while the dollar and the Japanese yen were buoyed by safe haven demand after multiple reports said that Israel had carried out retaliatory strikes against Iran.
Sentiment towards regional currencies was also dented by continued warnings from Federal Reserve officials that U.S. interest rates will remain higher for longer. This also saw most Asian currencies nursing steep losses for the week.
Dollar, yen supported by safe haven demand on reports of Israel strikes
The and rose slightly in Asian trade and remained close to over five-month highs hit…
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