Leaders including German chancellor Angela Merkel have denied Donald Trump’s latest accusation of currency manipulation.
Tokyo's Nikkei 225 has posted the longest winning streak in its nearly 70-year history as markets cheered the weekend election victory of Japan's pro-business Prime Minister Shinzo Abe.
The single currency has snapped a two-day rising streak and edged lower after German Chancellor Angela Merkel won a fourth term but faces tough coalition choices, with markets sensing an increasing risk for Europe.
Financial markets remain jittery as tensions rise after N. Korea fired a ballistic missile over Japan. Political risks and a strengthening euro have put pressure on stocks while investors turned to safe-haven assets.
The greenback has been on track to record its worst week against a basket of major currencies since July. The slump was caused by political uncertainties surrounding US President Donald Trump.
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