TOKYO -- The Japanese yen weakened on Thursday after Bank of Japan Gov. Kazuo Ueda struck a dovish tone, highlighting "extremely high" policy uncertainty now that the U.S.'s "reciprocal" tariffs are shaking up global trade and markets.
Currencies
Yen weakens over 1% as BOJ governor flags economic uncertainty
Markets now expect a delay in the Japanese central bank's rate-hiking cycle
The yen has risen against the dollar since the start of the year, and more so after U.S. President Donald Trump’s policies and comments triggered safe-haven demand. (Photo by Akira Kodaka)
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