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How long will the Trump factor weigh on the yen?

Posted on 15 November 2016

Ever since Donald Trump won the U.S. presidential election last week, the dollar has been strengthening against the yen. But many traders doubt the Trump effect will last that much longer. A stronger dollar coupled with higher interest rates could become a drag on the U.S. economy and may push investors to seek haven in the yen.
The Japanese currency started falling in value against the dollar when a Trump victory became clear on Wednesday afternoon. By Thursday night, the yen had plunged from 101 to the dollar to levels close to 107, the lowest in about three and a half months……………………………………..Full Article: Source


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