Concern over the us-China trade dispute supports the yen

SINGAPORE / TOKYO (Reuters) – The Japanese yen holds positions Tuesday morning amid escalating tensions in U.S.-China trade relations, which has raised concerns about global economic growth prospects, undermining investors ‘ appetite for risk.

The dollar has remained virtually unchanged, trading around 105.90 yen, after a decline for three consecutive trading days, as a result of which it retreated from the March 28 two-week peak at 107.00 yen.