Asia shares rise as Fed looms large; yen crumbles below key level
Yahoo Finance -

Asian stocks got off to a positive start on Monday ahead of the Federal Reserve's policy meeting later in the week, while the dollar broke past the psychologically key level of 160 yen for the first time in decades. Oil prices ticked down on expectations that higher-for-longer U.S. interest rates would dampen demand, while news of a potential Gaza ceasefire eased fears of supply constraints. The dollar touched a high of 160.245 yen - its strongest level in 34 years - in a sudden but brief...

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