Yen falls sharply to 1-month low after US-China trade announcement

Yen falls sharply to 1-month low after US-China trade announcement

TOKYO -- The Japanese yen declined sharply to the lower-148 range against the dollar on Monday, after the U.S. and Chinese governments announced that

Japanese Yen Tumbles to Five-Week Low on US-China Tariff Deal - Action Forex

The Japanese yen has started the week with sharp losses. USD/JPY is trading at 148.18, up 1.9% on the day. Earlier, the yen strengthened to 148.59, its strongest level since April 3. US and China agree to temporary cut in tariffs The US and China have reached an agreement to slash tariffs on each other’s […] The post Japanese Yen Tumbles to Five-Week Low on US-China Tariff Deal appeared first on Action Forex.

[New York Joint] As of 8:40 a.m. on the 12th, the yen was trading at 147.96 to 148.06 yen per dollar on the New York foreign exchange market, down 2.67 yen from the previous weekend, with the dollar strengthening.

The Japanese yen remains close to its minimum of a month against the dollar in the midst of commercial optimism - World Stock Market

The Japanese Yen begins the new week with a weaker tone amid optimism for the commercial agreement between the US and China. The hard line of the Fed and the decrease in fears to a recession in the US support the USD and support the USD/JPY. Betting for an increase in BOJ rates could strengthen JPY before the US and China Joint Declaration about commercial conversations. The Japanese Yen (JPY) touches a minimum of one month against a US dollar (…