Yen hits 6-month high on U.S. economic slowdown fears

Trump's sweeping tariffs harsher than market expected

20250403N Yen

The Japanese currency spiked to its strongest level against the dollar since October 2024. © Reuters

AOI IIDA

TOKYO -- The yen appreciated to the mid-145 range against the dollar on Thursday, taking Japan's currency to its strongest level in about six months on the view that new U.S. tariffs will harm the American economy.

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