The yen edged lower Friday, trimming its weekly gain. Traders considered Bank of Japan rate increases and a leadership election. The dollar rebounded despite a US government shutdown. Markets expect Federal Reserve rate cuts this year. Japan’s political future and central bank policy are key factors. Global economic outlooks influence currency movements.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian