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Monday, 09/24/2018 2:03:04 AM

Monday, September 24, 2018 2:03:04 AM

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Yen Inches Up as China Cancels Trade Talks, Dollar Also Gains

The Japanese yen edged up on Monday as China cancelled its planned trade talks with the U.S. The dollar also gained following the news.

The USD/JPY pair was down 0.01% to 112.56 by 11:50PM ET (03:50 GMT). The U.S. dollar index, which tracks the greenback against a basket of currencies, was up 0.06% to 93.84.

The Australian dollar traded 0.34% lower to 0.7269 against the dollar after the news.

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