impact on global currency markets

The Japan flag juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior.  Japan has intervened in currency markets before, but this episode was bigger than usual. It was backed by Washington, reportedly executed using the euro-yen…

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Trump tariffs help push U.S. beef prices higher

President Donald Trump is blaming the meat packers and U.S. cattlemen for rising beef prices, but the tariffs on beef from Brazil, Australia, New Zealand, Uruguay, feed, farm equipment and machinery are all adding to the price surge. The United States is a big buyer of Australian, Brazilian, and New Zealand beef exports. Brazil is…

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