Dollar Slips as Oil Cools, Yen Rallies on Japanโs Currency Warning
The dollar fell on Friday as easing oil prices and a softer risk backdrop prompted investors to trim recent gains, while the yen strengthened after Japan and the United States reiterated their commitment to currency stability. The move came even as crude remained above $100 a barrel, keeping inflation concerns alive and reinforcing expectations that the Federal Reserve may need to raise rates further this year.
