Big news in the world of money! The Japanese yen got stronger, reaching its highest point in over two months. This happened because people think Japan's central bank might raise interest rates soon. Interest rates are like the price of borrowing money; higher rates can make a currency more valuable.
- The yen went up against the dollar.
- People are betting Japan will raise interest rates.
- Talk of a new trade deal between the US and China helped the Chinese yuan.
- President Trump's comments about tariffs and the war in Ukraine also affected markets.
| Currency | Change |
|---|---|
| Yen | Up over 0.8% |
| Yuan | Up over 0.2% |
| Dollar | Traded sideways |
