The super dollar approaches four-month highs, while the yen operates at a 34-year low

He dollar index operates this Wednesday, April 3, near maximums of more than four months, placing the and in close to its lowest level in decades, although the growing threat of monetary intervention by Tokyo limited the fall of the Japanese currency.

He and in quotes at 151.68 units per dollar, little recovered from last week’s drop to 34-year lows of 151,975since the historic policy change of the Bank of Japan it only served to underline his outlier status.

“If we break above the 152 level with or without intervention, the market will feel bolder, and people are talking about the 155 area. It is difficult to really talk about resistance, since we have not seen it in a generation”said Marc Chandlerof Bannockburn Global Forex.

“It seems that the market fears the level of 152 yen per dollar”said Jane Foleyof the Rabobank.

The super dollar remains near 4-month highs

Meanwhile, the dollar index fell 0.5%, to 104.02 units, close to its highest level since November. He benchmark 10-year US Treasury bond yield reached its highest in four months on Tuesday, at 4.405%, after a new streak of favorable economic data in the United States.

In other markets, the euro rises 0.6%, to 1.0833 dollars, and the pound sterling It advances 0.6%, to 1.2649 dollars.

It slows down inflation in the euro zone and boosts its currencies

Data released Wednesday that showed a unexpected slowdown in inflation in the euro zone last month and reinforced the idea that the European Central Bank Loan costs will begin to fall They barely made a dent in the euro, since the markets are confident in a drop in interest rates in June.

He yuanwhich was shaken by the rise of the dollar, operated in 7.2356 units in the domestic market, close to the minimum of four and a half months reached on Tuesday, despite the strong Chinese manufacturing data and the publication of Wednesday’s service sector. Its offshore counterpart was trading stable at 7.2558 units.