Worldwide currencies up and down

ByVictoria

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

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