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Dollar falls briefly below 140 yen line as Trump attacks Fed chief

Summary by Kyodo News+
The U.S. dollar briefly fell below 140 yen on Tuesday for the first time since last September after U.S. President Donald Trump ramped up his criticism of Federal Reserve Chair Jerome Powell for not reducing interest rates. The yen was also bought on speculation that the U.S. administration will urge Japan to address the yen's weakness against the dollar when the Japanese and U.S. finance ministers are expected to meet in Washinton this week. Re…

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Nikkei broke the news in Japan on Tuesday, April 22, 2025.
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