TOKYO -- The yen has lacked a clear direction against the dollar since April, as inconsistency from U.S. President Donald Trump's administration on tariffs and exchange rates leaves traders disinclined to commit to a position.
Policy uncertainty spurs speculators to pare long bets
U.S. President Donald Trump's moves to impose and then postpone tariffs have put currency markets on edge. © Reuters
TOKYO -- The yen has lacked a clear direction against the dollar since April, as inconsistency from U.S. President Donald Trump's administration on tariffs and exchange rates leaves traders disinclined to commit to a position.