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USD/JPY soars as Japan trade surplus sinks by 90% in March

USD/JPY soars as Japan trade surplus sinks by 90% in March
Crispus Nyaga
Apr 19, 2020, 22:46 PM
  • USD/JPY pair rose after the Ministry of Finance released disappointing March trade numbers.
  • Japan’s exports declined by 11.7% in March, which was the worst performance since 2018.
  • The trade numbers will be worse in April because of the current coronavirus pandemic