The safe-haven Japanese yen and Swiss franc dipped on Friday, handing back some ...
TOKYO - The safe-haven Japanese yen and Swiss franc dipped on Friday, handing back some of their large gains made earlier, as risk aversion eased in Asia amid the ebb and flow in market sentiment toward U.S.-China trade negotiations.
The United States is poised to trigger another round of punitive tariffs at 12:01 a.m. EDT on Friday and investor focus was on how the negotiations would pan out. The U.S. currency was still down 1 percent against the yen this week, having slipped to a three-month low of 109.470 overnight. The greenback was a shade stronger at 1.0154 Swiss francs after dropping roughly 0.5 percent the previous day, when it touched a one-month low of 1.0122 francs.The euro added 0.2 percent to $1.1232 after touching a one-week peak of $1.1251 the day before.
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