Yen slips after Trump-Abe meet, Asian shares firm

Asian Market 1

The dollar rose against the yen on Monday on relief that US President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy.

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent, led by resource-related shares. Japan’s Nikkei rose 0.4 percent, hitting its highest level since early January.

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