US Dollar Rises Amid Market Uncertainty
The US Dollar strengthened for the fifth consecutive day, driven by concerns over overpriced technology stocks and uncertainty around Federal Reserve policy. Weak equities contributed to the dollar's boost.
Yen Gains on Safe-Haven Demand
The Japanese Yen also saw gains, supported by increased demand for safe-haven assets and comments from a government minister, reflecting cautious investor sentiment.
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Summary: The US Dollar has strengthened for five days amidst tech stock concerns and Fed policy uncertainty, while the Yen benefits from safe-haven demand and cautious market sentiment.
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