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This is what caused Friday’s sudden spike in the Japanese yen0:35 Friday was a quiet day in markets for the most part, but there was one big move that raised eyebrows: Late in the New York morning, the U.S. dollar suddenly cratered against the Japanese yen. Why the dollar just had its worst week in 8 months despite Trump’s pivot on tariffs22:59 While stocks and Treasurys put in a partial recovery after President Trump’s pivot on Greenland, the greenback struggled to keep pace and booked its worst week in eight months. Nearly 3,000 U.S. flights have been canceled ahead of winter storm — and that could double22:59 AccuWeather predicted late Thursday that some 6,000 U.S. flights could be canceled through Monday as the storm brings heavy snow, ice and bitter cold to large swaths of the country. |