EURO is facing the worst currency against the Euro

Despite the slight decline at the end of the week, many analysts still believe that the greenback could continue its more positive correction. Win Thin, head of global currency strategy at Brown Brothers Harriman in New York, said that this may just be a temporary correction and investors can take advantage of the opportunity to buy the greenback at low prices. cheaper.

The dollar rose 0.06% to 149.41 yen per dollar, after falling from an 11-month high of 149.71 on September 27. For the quarter, the greenback rose 3.54%. compared to the Yen, continuing to record strong growth after an increase of 8.66% in the previous quarter. However, the Japanese yen remains the focus of the market and is likely to prompt intervention from the Japanese government. Data showed core inflation in Japan slowed in September, mainly due to falling fuel costs.

The Euro rose 0.10% to reach $1.0578, but still faced its worst quarter against the Euro, with a decline of 3.08%. Chu coin