Trump Strikes Japan Tariff Deal
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Dreyfuss LONDON/NEW YORK (Reuters) -The yen rose across the board on Monday after Japan's ruling coalition lost its majority in the upper house, suggesting the result was mostly priced in, while investors braced for market disquiet ahead of a deadline on U.
The Japanese Yen (JPY) trims a part of its intraday losses after Japan's Prime Minister Shigeru Ishiba said that he did not discuss his resignation at all and that there was absolutely no truth to media reports about his intention.
Japan's yen was climbing against the U.S. dollar Monday after Prime Minister Shigeru Ishiba vowed to stay on, even though his ruling coalition just lost its majority in the country's upper house. The
The Japanese yen turned weaker following initial gains after the U.S. announced a trade deal with Japan.
Investors will be keeping a close watch on the People’s Bank of China’s decision on its 1-year and 5-year loan prime rates for July, expected later in the day.
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The Japanese yen is putting in a strong performance Monday morning after an election for the country's upper house dealt a big blow to the country's ruling coalition and left Prime Minister Shigeru Ishiba clinging to power.
The yen may be volatile against the dollar as a setback for Prime Minister Shigeru Ishiba’s ruling coalition in the upper house election casts doubt over the nation’s policy direction, dimming the appeal of Japanese assets,
Through its careful development of the digital yen, Japan may offer a path to adopt central bank digital currencies without compromising financial stability or civil liberties.
The Indian rupee is poised to open slightly higher on Tuesday, supported by a retreat in the dollar index that was largely triggered by a post-election rally in the Japanese yen.