The Japanese yen bounced back from recent downward trading during New York mid-day deals on Tuesday. After touching new multi-day lows of 84.30 against the Swiss franc, 123.67 versus the euro, 89.82 against the US dollar and 140.47 versus the British pound at about 7:45 am ET, the yen reversed its direction and currently trading near 83.80, 122.80, 89.40 and 139.51, respectively.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.