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Yen falls to 2-week low after US announces 25% tariff on Japan
The Japanese yen fell broadly on Tuesday while the US dollar held firm, as currency markets reacted to the latest salvo in President Donald Trump's chaotic trade war: the unveiling of 25% tariffs on goods imported from key US trading partners Japan and South Korea.
Japanese Prime Minister Shigeru Ishiba said early Tuesday that Japan hasn’t been able to reach an agreement with the United ...
Global investors are unwinding their wagers on Japan's yen rising quickly as a cautious central bank, a trade war and the ...
The yen declined widely following President Trump's announcement of impending 25% tariffs on Japanese and South Korean goods.
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Japan’s currency was one of the first challengers to the U.S. dollar—why 90s predictions of a ‘yen bloc’ fell apart - MSNProphecies that the U.S. dollar will lose its status as the world’s dominant currency have echoed for decades—and are increasing in volume. Cryptocurrency enthusiasts claim that Bitcoin or ...
“We have argued that the risk from Japan’s Upper House election to be held on July 20 is skewed to a weaker yen with a rise in volatility in the case of a loss by the ruling coalition party,” said ...
The yen fell as Trump reiterated plans for 25% tariffs on Japan and South Korea, while the Aussie surged due to Australia’s central bank holding steady on its cash rate. Investor sentiment was low in ...
Overall market reaction to the U.S. bombing of Iran's nuclear sites on Saturday remains muted, with oil up 0.5% after briefly turning lower. The U.S. benchmark had surged over 6% when markets opened ...
It has stayed put despite headline and core inflation running above its target of 2% since April 2022, and despite headline ...
Roughly 5 billion new banknotes were in circulation as of the end of May, accounting for just 28.8% of all notes in use.
Japan has reappointed Atsushi Mimura as vice finance minister for international affairs, solidifying his leadership over foreign exchange policy during critical U.S. tariff negotiations. The ...
India is steadily expanding its exposure to yen-denominated loans for leveraging ultra-low interest rates, stable repayment ...
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