Greenback tumbles vs yen after US missile strike on Syria

Greenback tumbles vs yen after US missile strike on Syria

On Friday, the evergreen buck dipped against the Japanese yen after the United States launched cruise missiles at a Syrian airbase, responding to Syrian forces' supposed use of chemical weapons on Thursday.

An US official informed that the missile strike has already been completed.

Against the Japanese yen, which tends to earn in times of risk aversion or geopolitical tension, the greenback erased its early modest revenues and sank 0.3% to 110.40 yen, sliding 0.9% for the week.

US navy warships in the Mediterranean Sea launched up to 50 Tomahawk missiles, as the US official informed, talking on condition of anonymity. An airbase in Homs turned to be a target. Further details on the target as well as the results of the missile strikes are unknown.

Traders are currently waiting for the outcome of negotiations between the American and Chinese leaders and the monthly jobs report, which could back views for more American interest rate lifts.

 

 

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