💨 Abstract
The article discusses the impact of global trade tensions on currencies, focusing on the dollar and yen. Investors are concerned about the effect of trade wars on U.S. inflation and growth, leading to a weaker dollar. The yen, on the other hand, is strengthening due to favorable domestic conditions in Japan, with the Bank of Japan expected to raise interest rates.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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