India, March 14 -- The Japanese yen weakened against other major currencies in the Asian session on Friday, as the Bank of Japan (BoJ) is anticipated to keep interest rates steady next week as a way to evaluate the risks of escalating U.S. trade tensions.
The safe-haven JPY continues to decline due to a slight improvement in the global risk sentiment amid signs the U.S. may avert a looming government shutdown after Senate Democratic leader Chuck Schumer announced he's ready to start the process of considering a Republican-led government funding bill that has fiercely divided Democrats.
That said, volatility cannot be ruled out in the wake of lingering trade tensions and skepticism about the potential for a 30-day ceasefire between Russia ...