[ad_1]
LONDON (Reuters) – The US threat of imposing new tariffs on imports from China has led to the rise of the yen hut to a five-week high against the dollar and a two-year high. years and a half against the pound sterling.
The president of the United States, Donald Trump, declared that a 10% tax on Chinese imports, worth $ 300 billion, was to be paid on September 1, after the return of negotiators US trade negotiations Shanghai and no progress. Trump said China has not kept its promises made in previous talks.
The yen rose 0.4% to 106.95 yen per dollar. The Japanese currency jumped to 106.86 yen per dollar in Asian trade, its highest level since 25 June.
At the last exchange, the yen rose 0.6% against the British currency, at 129.61 yen per pound, after reaching its highest level since November 2016, at 129.41 yen for the pound sterling .
The pound sterling offset some of its losses on Friday, but not far from a 30-month low reached on Thursday. During the last exchange, the British currency has changed little to 1.2123 USD and 91.48 pence for one euro.
The euro has changed little to $ 1.1091, which is close to the 26-month low reached in the previous session.
The Swiss franc reached its highest level in two years compared to the single European currency, with 1.0949 francs for one euro.
(Reuters)
Source link
