logo

Yen Strengthens, Gold Hits Record High Amid Market Uncertainty

Yen Strengthens, Gold Hits Record High Amid Market Uncertainty

Yen Strengthens as Traders Seek Safe Havens

The focus key phrase in this article is "Yen strengthens". The Japanese yen rose on Monday as investors sought safe-haven assets. Concerns over U.S. tariffs fueled uncertainty, pushing traders toward safer investments.

U.S. Tariff Plans Increase Market Uncertainty

Markets remain on edge as the White House prepares to announce new tariffs on Wednesday. President Donald Trump hinted that almost all countries could face new trade duties this week. Previously, Trump suggested possible exemptions for some nations. However, recent reports indicate he is now favoring a tougher approach.

Yen Strengthens from Inflation Worries

The yen strengthened 0.35% at one point on Monday, reaching 149.30 per U.S. dollar. Later, it stabilized at 149.52, still 0.2% stronger than before. The Japanese currency also surged 0.82% on Friday after U.S. inflation data showed higher-than-expected core price increases. This data raised concerns about stagflation, further boosting demand for the yen.

Gold Prices Soar to Record Levels

In addition to the yen's strength, gold prices hit a new all-time high. The precious metal briefly reached $3,097.36 before settling around $3,086.61. This marks the third consecutive session of record-breaking prices.

U.S. Dollar Faces Pressure

The U.S. dollar weakened as investors shifted to safer assets. A surge in demand for U.S. Treasuries caused the yield on the 10-year note to drop by 6 basis points, settling at 4.1960%.

Traders are closely monitoring the tariff situation and its impact on global markets. As uncertainty lingers, the yen and gold may continue to attract investors seeking stability.

📈 Stay informed on the latest Forex market trends. Visit our website for in-depth analysis: FIXIO Markets

Yen Strengthens, Gold Hits Record High Amid Market Uncertainty

Yen strengthens as investors seek safe-haven assets. Gold reaches a record high amid concerns over U.S. tariffs.

Forex Trading Broker Banner

Superior trade execution & trading conditions with the NDD method.

DANIEL JOHN GRADY
Author

Daniel John Grady is a financial analyst and writer. He is a former CFO with a degree in Financial Management and has been published in both English and Spanish. With over ten years of equities trading experience, he is primarily interested in foreign exchange and emerging markets with a focus on Latin America.

You Might Be like also
Comment (0)
Show more

Post Your Comment

user
user
email
Best Trading App Open Your Account Now!!!

The online FX industry provides a platform for investors worldwide to engage in the buying and selling. 

Newsletter Subscription

Subscribe to our daily newsletter and get the best forex trading information and markets status updates

Stay With Us
Currency Exchange
1.00 USD = 0.67 GBP
Best Trading App Open Your Account Now!
Best Trading App Open Your Account Now!
FIXIO Blog
FIXIO Home Home FIXIO Deposit Deposit
FIXIO Promotion Promotion FIXIO Support FAQ
Telegram WhatsApp Instagram X X (Twitter)