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The offshore yuan eased to around 6.71 per dollar on Friday and was heading for weekly losses as traders weighed developments from the Trump-Xi summit in Washington. Artificial intelligence was a central topic during Thursday’s White House meeting, with both leaders discussing how to manage competition in the rapidly e
The yen weakened 0.38% against the dollar to 157.48 yen, with traders watching for signs of currency intervention after the Bank of Japan offered less hawkish guidance than expected following its rate hike last week. The dollar index rose 0.13% to 100.40.