Yen a big, big winner on Trump’s tariff trade war announcement | Forexlive
The stand out winner across major FX is JPY. USD/JPY is down more than 150 points from earlier highs, dropping under 148.80 as I update. Yen crosses tracing out the same sort of pattern (EUR/JPY is circa 161.00 … massive slump). Yen loving the chaos, standing out as a ‘safe haven’. Sheesh …! Source link