(Bloomberg) -- The dollar may weaken from near a 4
1/2-year high against the yen before U.S. government reports
this week that are likely to show a slump in the housing market.
U.S. Treasury yields, close to the highest in five years,
may increase borrowing costs for home owners and depress house
prices, threatening expansion in the world's largest economy.
The dollar declined against 11 of the 16 most-traded currencies
last quarter when housing starts tumbled to the lowest since
1997.
Read more at Bloomberg Currencies News
1/2-year high against the yen before U.S. government reports
this week that are likely to show a slump in the housing market.
U.S. Treasury yields, close to the highest in five years,
may increase borrowing costs for home owners and depress house
prices, threatening expansion in the world's largest economy.
The dollar declined against 11 of the 16 most-traded currencies
last quarter when housing starts tumbled to the lowest since
1997.
Read more at Bloomberg Currencies News
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