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Stock impact report

Yen on track for best week in nearly 15 months [CNBC]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: CNBC
Glowimages | Glowimages | Getty Images The yen was set for its best week in almost 15 months on Friday, having climbed steadily after Japanese Prime Minister Sanae Takaichi's historic election win allayed investor worries about the nation's fiscal health. A resurgent yen has been the main focus for the foreign exchange market this week, particularly as its rise confounded initial expectations that a selloff in the currency could gather pace if Takaichi secured a strong mandate. It was last steady at 152.86 per dollar, but was set to gain nearly 3% for the week, which would mark its largest advance since November 2024. Against the euro , the yen was similarly poised for a 2.3% weekly jump, its strongest performance in a year. It was also up roughly 2.8% against the British pound for the week, its largest rise since July 2024. “The election outcome might be seen as marking an end to the political instability that has persisted since July last year, suggesting that short-yen p Show less Read more
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