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Reuters

Reuters

Dollar faces crunch week for US rates, yen holds gains

Reuters
Summary
Nutrition label

79% Informative

The dollar started in a cautious mood on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts.

The yen's recent rebound was underpinned by wagers on rising rates at home.

Markets imply a 56% chance the BOJ will hike by a quarter point to 0.5% at its policy meeting on Dec. 18-19 .

The dollar index was flat at 105.790 , having closed out November with 1.8% gain.

VR Score

92

Informative language

98

Neutral language

65

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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