NEW YORK The yen rose against major currencies on Friday as concerns about the upcoming French elections and the lack of movement in fiscal changes in the United States kindled safe-haven demand for the Japanese currency.
LONDON Sterling sank to a 10-day low against the euro on Friday after a surprise third monthly fall running in British retail sales pointed to weakening consumer sentiment as the government gets ready to launch talks on leaving the European Union.
LONDON Sterling touched one-week lows against a broadly stronger dollar on Wednesday after U.S. consumer prices had their biggest jump in nearly four years and retail numbers beat expectations.
LONDON Sterling fell around a quarter of a percent against the euro and underperformed gains for other major currencies against the dollar on Thursday as nerves around Brexit and the strength of the UK economy weighed on prices.
TOKYO The global community may start to think the yen is undervalued, enough to spur debate on currencies at a U.S.-Japan economic dialogue, if it falls to around 125-130 to the dollar, former Bank of Japan board member Sayuri Shirai said on Thursday.
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