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Yen strengthens to 147.5 despite weak trade data

(20-Aug-25   13:06)

The Japanese yen firmed to around 147.5 per dollar on Wednesday, extending gains from the previous session even as trade figures disappointed. Exports dropped 2.6% year-on-year in July, the steepest decline in over four years as US tariffs weighed on demand, while imports shrank 7.5%. Meanwhile, core machinery orders rebounded in June after two months of declines, offering some relief for Japan's investment outlook.

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