US involvement in currency interventions is weakening the dollar. The ‘hawkish’ tone of Fed members gave only temporary support for the greenback. The US dollar recorded its worst monthly performance since April amid doubts over Kevin Warsh’s hawkish views and the US’s intention to shift from air strikes to diplomacy in the Middle East. Speculators […]The post The Dollar Is Propping Up the Yen appeared first on ActionForex.