This Monday, the Australian and New Zealand dollars were depreciate against the yen. While the yuan continued to rise and reached its highest level in 14 months. The yen is strengthening following Ueda's statements.

The dollar Australian and the New Zealand dollar lost some ground against the yen on Monday. The Australian dollar fell by 0.5% to 101.70 yen, while the New Zealand dollar lost 0.6% to 89.01 yen, the Governor of the Bank of Japan, Kazuo Ueda, having referred to discussions on a rate hike at a monetary policy meeting later this month, which sent the yen and bond yields higher.

Against the dollar, the Australian dollar stayed virtually unchanged at $0.6540 after ending November at the same time level that he started.

The euro rose by 0.04% to 1.1605 dollars, while that the pound was trading at 1.3239 dollars, after registering Friday its best week in more than three months thanks to a rebound of relief following the presentation of the budget by the British Minister for Finances, Rachel Reeves.

Faced with a basket of currencies, the dollar fell by 0.05% to 99.39, after losing 0.7% last week.

The yuan Chinese hit a new 14-month high on Monday against the US dollar, extending a recent rise, while analysts believe that the currency could cross the closely watched threshold of 7.0 thanks to positive catalysts.

The yuan strengthened to 7.0650 against the Dollar, its highest level since October 11, 2024, before rising stabilize globally around 02:45 GMT.

The offshore yuan traded at 7.071 yuan for one dollar, up by around 0.04% on Asian markets.

The strength of the yuan on Monday extended its longest series of monthly gains against the dollar in four years, thanks to the strength of stock markets, exporters' year-end conversions, and outlook for a cut in US Federal Reserve rates, according to analysts.

The yen appreciated Monday, supported by the comments by the governor of the Bank of Japan, Kazuo Ueda, who left the The door is open to a rise in short-term rates, while the dollar has started the month in a weak position, as investors increased their bet on a fall in American rates this month.