India, April 22 -- The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, amid rising consensus that the Bank of Japan (BoJ) will continue hiking interest rates in 2025
Traders remain cautious and concerned about a global trade war while they await signs of progress from U.S. President Donald Trump's trade talks. Potentially adding to the worries, China has threatened to retaliate against any countries that reach a trade deal with the U.S. at the expense of China's interests.
Some reports suggest that the Trump administration is preparing to put pressure on other countries to restrict trade with China in exchange for U.S. tariff exemptions.
Additionally, markets were shaken by Trump's latest assault...