US Dollar Falls to One-Week Low Against Yen Amid Credit Downgrade and Trade Tensions

The U.S. dollar slipped to a one-week low against the safe-haven Japanese yen on Monday, as markets reacted to the unexpected downgrade of the U.S. government’s credit rating.

Investor sentiment was further dampened by escalating trade friction, following renewed tariff threats from the White House. The combination of economic uncertainty and geopolitical tension boosted demand for safer assets like the yen