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The Japanese yen is rising, while the US dollar and US bond yields are falling. Trump dismisses Federal Reserve Director Cook from his position.

26/08/2025

The Japanese yen strengthened against the US dollar, according to a post on former US President Trump's Truth Social account, Trump stated that he would immediately dismiss Federal Reserve Board Member Lisa Cook. The yen rose 0.3% against the US dollar to 147.32. The yield on the US 10-year Treasury bond fell by 1 basis point; the Bloomberg dollar spot index fell by 0.2%.

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