Dollar Slips Slightly; Yen Hits 40-Year Low Against Dollar

The U.S. dollar edged lower but remained near a 13-month high due to optimism over economic growth and potential Federal Reserve rate hikes, while the Japanese yen hit its weakest level against the dollar since 1986.

By By Karen Brettell and Amanda Cooper Mon, June 29, 2026 at 5:37 PM GMT+3 3 min read · Yahoo Finance ·

Dollar Slips Slightly; Yen Hits 40-Year Low Against Dollar

Topics: Federal Reserve inflation interest rates Japanese Yen U.S. Dollar

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