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Yen emerging as currency-market winner as trade tensions rise
Published Sun, Mar 4, 2018 · 09:50 PM
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New York
US President Donald Trump is touting the virtues of a trade war. In the US$5.1 trillion-a-day currency market, the yen has emerged as a clear winner from the escalating rhetoric.
The latest move pushes forward the administration's trade agenda, after it took similar actions on other goods this year and jawboned the dollar lower.
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