USD/JPY

Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike

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Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia.  Contributor | Getty Images News | Getty Images Global stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers: Russia and … Read more

Correction in yen was overdue and may be ‘healthy’: former ECB head

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Correction in yen was overdue and may be ‘healthy’: former ECB head

The recent rapid strengthening of the Japanese yen can be seen as an overdue and healthy correction — and it’s not time to panic about the wider market impact, the former head of the European Central Bank said Tuesday. A combination of Japanese monetary policy turning hawkish, geopolitical tensions in the Middle East and disappointing … Read more