Daily Brief, January 20, 2023: The US Dollar Continues to Decline

The Dollar Nears its 7-Month Low, And the Yen is Declining The US dollar hovered near seven-month lows on Friday as fears of an economic slowdown dampened risk appetite. At the same time, the yen weakened even as speculation mounted that the Bank of Japan would eventually abandon its ultra-loose monetary policy. The dollar index,

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