
An increased demand for safe haven assets has caused the Japanese Yen to strengthen against the US dollar. Trump’s latest threats to increase tariffs on $200 billion worth of Chinese imports from 10% to 25% has driven markets into a risk-off mode.
USD/JPY is trading at 110.17 at the time of writing, up by 0.82 percent. The heightened uncertainty in the markets over the US-China trade war continues to weigh on the Japanese Yen.
Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
Comments
Subscribe
Login
0 Comments