The weaker yen today – U.S./Japan tariff talks steering clear of FX concerns cited Eamonn Sheridan Forexlive RSS Breaking News Feed

The yen declined against other G-10 and Asian currencies after reports confirmed that foreign exchange issues were not discussed in Wednesday’s U.S.-Japan tariff talks.

• Japan economy minister Akazawa says agreed to hold a 2nd meeting with US this month

This helped ease market worries that the Trump administration might target Japan’s currency policies.

Despite this relief, trade uncertainty remains elevated.

• Mizuho Securities said Japan is making “great progress” in negotiations, but the start of formal talks has heightened market sensitivity to a potential “deal or no deal” outcome, increasing volatility.

This article was written by Eamonn Sheridan at www.forexlive.com.The yen declined against other G-10 and Asian currencies after reports confirmed that foreign exchange issues were not discussed in Wednesday’s U.S.-Japan tariff talks. Japan economy minister Akazawa says agreed to hold a 2nd meeting with US this monthThis helped ease market worries that the Trump administration might target Japan’s currency policies.Despite this relief, trade uncertainty remains elevated. Mizuho Securities said Japan is making “great progress” in negotiations, but the start of formal talks has heightened market sensitivity to a potential “deal or no deal” outcome, increasing volatility.
This article was written by Eamonn Sheridan at www.forexlive.com.  Read MoreNews 

​Forexlive RSS Breaking News Feed