Japan, 15 tariff
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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
Tokyo inflation eases but remains above target, keeping BoJ rate hikes on the table as USD/JPY reacts to softer data and US durable goods orders loom.
By Junko Fujita and Kevin Buckland TOKYO (Reuters) -Heading into the most consequential Japanese upper house election in memory and a possible defeat for the coalition of Prime Minister Shigeru Ishiba,
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.
Asian shares are higher, buoyed by optimism that the U.S.-Japan tariff agreement will be followed by more trade deals
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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.
The Japanese currency, a typically low-yielding vehicle used to invest in higher-yielding alternatives, jumped more than 1% against the greenback on Wednesday and was trading around 143.42 per ...
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.