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Japanese Yen strengthens on extended US-Iran ceasefire
Summary by The New York Ledger
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1 Articles
Japanese Yen strengthens on extended US-Iran ceasefire
The USD/JPY pair loses traction to near 159.35 during the Asian trading hours on Thursday. US President Donald Trump’s extension of a ceasefire with Iran weighs on the US Dollar (USD) against the Japanese Yen (JPY). The preliminary reading of the S&P Global Purchasing Managers Index (PMI) will be published later on Thursday. Trump said on Tuesday that he is extending the ceasefire with Iran while awaiting a “unified proposal” from Tehran. Iran …
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