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Yen on back foot after US inflation data, euro buoyed by Ukraine peace talks

Channel News Asia LogoChannel News Asia8h ago

Yen on back foot after US inflation data, euro buoyed by Ukraine peace talks - Channel News Asia

Quick Summary:

TOKYO : The U.S.dollar held near a one-week high against the Japanese yen on Thursday after a hotter-than-expected consumer prices reading, while the euro was shored up by news that Washington aims to begin talks with Russia to end the war in Ukraine.U.S.

President Donald Trump also said he would soon impose reciprocal tariffs on every country that charges duties on U.S.imports, keeping alive fears of a widening global trade war that threatens to accelerate U.S.inflation.

The Russian rouble surged overnight to a 4-1/2 month peak against the dollar.Sterling stood at $1.2456, up 0.09 per cent so far on the day.


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Yen on back foot after US inflation data, euro buoyed by Ukraine peace talks - Channel News Asia (Picture 1)Yen on back foot after US inflation data, euro buoyed by Ukraine peace talks - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 09:23:36 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 658 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26110197

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 65 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 47 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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