The Year’s Big Yen Short Set for a Dramatic U-Turn in 2023

(Bloomberg) -- The world’s worst-performing major currency looks poised for an impressive turnaround in 2023 as its two key drivers -- a hawkish Federal Reserve and dovish Bank of Japan -- swap places in the eyes of some investors.Most Read from BloombergChina’s Covid Pivot Accelerates as Cities Ease Testing RulesOPEC+ Pauses as Russia Sanctions and China Covid Rules Roil Crude MarketsOPEC+ Latest: Group Agrees to Keep Oil Production UnchangedElon Musk Says Apple Is ‘Fully’ Advertising on Twitte

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  US Dollar Erases More Than Half of This Year Gains on Fed Rate Bets

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How to manage Christmas debts

If you have to borrow, there are some golden rules that can help you manage the cost of Christmas

Indian rupee slips to 81.75 on stop losses, possible dollar outflows

The Indian rupee extended losses against the U.S. currency on Monday on likely stop losses and dollar outflows, traders said. The rupee was down 0.5% to the dollar at 81.7500, a rank underperformer among Asian peers. The offshore Chinese yuan was up 0.9%, leading Asian currencies higher.