Yen Bid, Dollar Steadies as Investors Look for Safety From Global Selloff

Yen bid, dollar steadies as investors look for safety from global selloff

Trump hits weakest approval since returning to office, polls show By Gregor Stuart Hunter SINGAPORE (Reuters) -The yen regained its footing and the U.S. dollar held steady against most of its biggest peers in early trading in Asia on Wednesday, as investors switched into safe havens after a…

Dollar hits fresh 9-1/2-month high versus yen, Japan fiscal policy, US data in focus

European shares fell on Tuesday alongside U.S. stock index futures amid concerns over stretched equity valuations, yet the greenback’s reaction in the forex market has so far remained muted

Yen Weakness Persists Amid Dovish Policy Shift and Geopolitical Tensions

Key Takeaways: *JPY remains under pressure, weighed down by expectations of continued ultra-loose policy under PM Takaichi and renewed concerns over central bank independence. *Geopolitical tensions rise, with Takaichi’s Taiwan-related remarks introducing a fresh risk premium and further undermining Yen sentiment. *Focus shifts to Friday’s CPI, as Japan’s first GDP contraction in six quarters offers little support, making inflation data the next…