Worldwide currencies up and down
The safe-haven Japanese yen strengthened on Monday while gold pushed to a fresh peak as traders worried that U.S. President Donald Trump’s tariffs would ignite inflation and crimp economic growth.
The yen was up as much as 0.74% at 148.735 per U.S. dollar at one point on Monday, and was last 0.46% stronger at 149.145.
The Swiss franc, another traditional safe haven, started the day by rising 0.3% to 0.8775 per dollar.
The Canadian dollar was flat at C$1.4321 per greenback.
Mexico’s peso slipped 0.45% to 20.4364 per dollar.
Cryptocurrency bitcoin lost 1% to $81,703.
Source – Reuters