The yen fell to its lowest level since February against the dollar on Tuesday, as traders awaited whether U.S. lawmakers would be able to end the government shutdown in the coming days. "We are in a state of uncertainty, and the market is reacting to that," one analyst stated. A decision is expected to be made within the week.
Yen Hits Low Since February Amid U.S. Government Shutdown
The yen fell to its lowest level since February against the dollar due to uncertainty surrounding the U.S. government shutdown. Traders await a decision from lawmakers in the coming days.