Yen inches higher ahead of Trump speech

London

JAPAN'S yen was the only substantial mover among major developed world currencies on Tuesday, rising a third of a per cent against the US dollar and euro as investors sought safe havens for their money before a speech to Congress by President Donald Trump.

Indications that Mr Trump would use the set-piece to preview elements of his plans to cut taxes for the middle class and make US companies more globally competitive helped the dollar recov…