Yen Weakens Slightly Amid Trade-Deal Hopes
0058 GMT — The yen weakens slightly against most other G-10 and Asian currencies amid trade-deal hopes. President Trump said late last week that a deal had been signed with China. Commerce Secretary Lutnick and Treasury Secretary Bessent said that the U.S. was closing in numerous other trade deals. 'Any news of trade agreements being reached can buoy risk sentiment,' four members of CBA's Global Economic & Markets Research say in a note. Such news could 'decisively push AUD/JPY above strong resistance at 95.00,' they add. USD/JPY edges 0.1% higher to 144.61 and EUR/JPY is up 0.1% at 169.48, while AUD/JPY is steady at 94.48, FactSet data show. (ronnie.harui@wsj.com)
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UPI
27 minutes ago
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CNBC
28 minutes ago
- CNBC
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32 minutes ago
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