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Yen a big, big winner on Trump's tariff trade war announcement
JPY
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: Forex Live
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