Japanese Yen Weakens
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Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
ISM service-sector gauge weakens sharply in April
The Institute for Supply Management said on Friday that its service-sector PMI dropped sharply to 49.4% in April from 51.4% in the prior month.MarketWatch - Business -
Joe Biden's Japanese Diplomacy
The President says our most important allies in the Pacific are ‘xenophobic.’ Discuss.The Wall Street Journal - World - Joe Biden -
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The Japanese gown uniting Freddie Mercury, the Jedi and Bjork
A collection of Kimono from some of the most charismatic entertainers has gone on display in Dundee.BBC News - Top stories -
Japan's yen had a roller coaster week amid suspected intervention. Here's what you need to know
The Japanese yen started the week at 34-year lows against the U.S. dollar but the currency is now staring at its best week in over a year on Friday.CNBC - Business -
Japan used $59bn to prop up the yen but consumers may still cut back
Government interventions this week fail to ease concerns about plunging currencyFinancial Times - Business - Japan -
Japan's finance minister says yen intervention may be necessary when there are 'excessive' moves
Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country's policymakers if the yen moved in sharp directions.CNBC - Business