US dollar hovers near two week high as yen firms before Japan election
The US dollar stayed near a two-week high on Friday as tech stock concerns drove risk aversion. The yen firmed ahead of Japan's national election this Sunday.
Insights:
Investors have moved to unwind risky bets following a deep rout in technology stocks driven by escalating concerns over AI-related spending. This risk-off repositioning has lifted the U.S. dollar toward a near two-week high and firmed the yen ahead of a national election in Japan 
JP this weekend. The shift in market sentiment has altered major currency exchange rates, affected U.S. 
US Treasury yields , and shifted expectations regarding the timing of policy moves by the Federal Reserve .
JP this weekend. The shift in market sentiment has altered major currency exchange rates, affected U.S. US Treasury yields , and shifted expectations regarding the timing of policy moves by the Federal Reserve .
