Yen Strengthens as Traders Weigh Tariff Risks and Economic Policies

Reported 1 day ago

The Japanese yen reached a two-month high as traders anticipate potential rate hikes from the Bank of Japan, while the yuan benefitted from hopes of a new U.S.-China trade deal after President Trump's optimistic remarks. The dollar remained steady amid tariff threats and geopolitical tensions, creating a complex backdrop for currency markets.

Source: YAHOO

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