Euro Extends Decline as European Elections Fuel EU Exit Anxiety
- President Trump will meet Japan PM Abe on Friday in Washington
- Kiwi jumps to three-month high as inflation expectations rise
Goldman's Bell Sees Market Volatility Beyond VIX
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The euro fell for a second day as forthcoming elections raised questions over the future of the European Union. New Zealand’s dollar jumped after inflation expectations advanced to the highest since 2015.
The euro fell to a two-month low against the yen amid concern of mounting protectionism seen among leaders contesting in major European elections in the next few months, a trader said. Benchmark 10-year Treasury yields dropped to a two-week low as U.S. President Donald Trump prepares to meet Japanese Prime Minister Shinzo Abe on Friday, after the U.S. leader’s recent trade and immigration policies stoked concern about protectionism.