Trump Weakness Makes Japanese Yen Stronger

Donald Trump’s weakness as president is giving strength to the Japanese yen.

“The Japanese yen rose to its highest level in nearly four months against the dollar on Wednesday in Asia, prompted by greater skepticism among investors about whether President Donald Trump will be able to stimulate the U.S. economy.

The potential for trade friction following a weekend meeting among the Group of 20 industrialized and developing nations also weighed on markets. At the request of the U.S., finance ministers in the G-20 dropped a longstanding clause criticizing protectionism.” [READ MORE]