The Japanese Yen (JPY) is weak, lowering 0.5% against the US dollar (USD) and with a lower yield to all G10 coins along with its pair of safe refuge, the Swiss Franco (CHF).
The US./japón conversations advance well
“Most of the losses of Yen seem to have coincided with the publication of the commercial data of March, which showed better balances than expected, but a remarkable (and worrying) disappointment in the growth of both exports and imports.”
“Commercial negotiations remain the main approach to Yen at this time, however, it is said that this week’s conversations in Washington have been constructive. Negotiators, according to reports, did not discuss currencies and are planning to meet later this month.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
