The Dollar Takes A Hit On President Trump’s Comments About Syrian Involvement – 11 April, 2018

Geopolitical tensions have shifted from the U.S. and China and have moved on to the possibility of U.S. military involvement in Syria, which caused the dollar to drop to the yen 0.4 percent overnight to 106.810 yen. On Tuesday, the dollar had risen to the yen to 107.400 after Chinese President Xi Jinping calmed fears about a possible U.S.-China trade war, with the yen typically bringing in demand during political tensions and economic turmoil.