Yen Rallies for Second Day as Resource-Nation Currencies Suffer

Updated on
  • Iran's supply increase cast doubt on oil-price recovery
  • Fed will unveil rate forecasts Wednesday after meeting

The yen strengthened for a second day on Tuesday , while currencies of resource-rich nations slumped after Iran bolstered crude exports, a move that may prolong the commodities rout.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.