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Japanese Yen Weakens As Tokyo Braces for US Trade Fight

The Japanese yen is weakening against several major currency rivals at the end of the trading week. With a potential US-Japan trade war on the horizon, investors are frightened that anticipations of shrinking exports could lead to an economic contraction for the world’s third-largest economy. Can Tokyo turn things around before trade talks with Washington begin?

Japanese Yen Mixed As Markets Try to Make Sense of Economy

The Japanese yen is mixed against a basket of currencies to start the trading week as traders try to make sense of the economy. It is a case of is Japan in a recession or is the economy already recovering? Policymakers cannot seem to determine what is going on in Tokyo, and the recent influx of data is not helping investors make a concrete bet on or against the world’s third-largest economy.

Japanese Yen Rallies Amid Light Data Calendar

The Japanese yen is trading higher against its most-traded currency rivals on Wednesday. With very little data coming out, investors are looking for other national trends to see how to trade the yen in the short-term. The economy could potentially face additional pressure on pledges to raise the sales tax, which also comes as a survey of executives finds that they anticipate a downturn by the fall.

Japanese Yen Trades Mixed

Japanese yen is trading mixed today as concerns about what’s next for the United States takes center stage. News out of Japan is also affecting the Forex market, but mostly the focus is on the United States and the eurozone.

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