Dollar Gains Versus Yen On US-China Optimism

Quick Summary:

The dollar climbed in early Asian trade on Monday after weekend talks between the United States and China eased concerns of a trade war between the world’s two biggest economies while global hot spots appeared to cool.

The greenback, Treasuries and equities have taken a beating since sweeping tariffs announced by U.S.

Jobs data is also expected on Thursday for the U.S.and Australia.The U.S.currency climbed 0.6% to 146.19 yen.

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Article Details

Author / Journalist: Editor

Category: InvestingBusiness

Markets: MalaysiaAustraliaChinaNew ZealandUnited States

Topics: Yen US Markets Dollar

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 02:19:14 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 278 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28588918

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