Currency Alerts

Yen Rises Amid Risk Aversion

The Japanese yen strengthened against other major currencies in the European session on Monday, as the investor sentiment fell on lingering tariff worries, the threat of a U.S. recession and signs of deepening deflationary pressures in China.

China's consumer price index dropped in February at the fastest rate in 13 months, according to data released on Sunday, while producer price deflation continued for the 30th consecutive month.

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by RTTNews Staff Writer

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