"There are greater doubts now about large-scale fiscal stimulus under the Trump administration, and on top of that the US inflation numbers have been disappointing", said Societe Generale currency analyst Alvin Tan, in London.
With regard to questions of currency manipulations and Trump's displeasure of a strong dollar, Mr. Mnuchin rejected the idea that the United States is heading for a showdown with global partners in a brand new currency war.
More specifically, the greenback rose to reach a session high of 109.05 after Mnuchin played down US President Donald Trump's interview with the Wall Street Journal, last week; an interview in which the businessman-turned-Commander In Chief said that the dollar was "getting too strong". It had sunk into a five-month trough of 108.130 earlier on Monday amid rising tensions in the Korean Peninsula, which some analysts warned also brought a new dimension to the Japanese relationship. Mnuchin also commented that there is a big difference between talk and action which dampened expectations that the Treasury would be ordered to take action to weaken the U.S. currency directly.
"There was quite strong thinking in the market that the USA would maybe put pressure on Japan in terms of currency manipulation. on that front", said Neil Jones, head of hedge fund FX sales at Mizuho in London.
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent in holiday-thinned trade, while Japan's Nikkei shed 0.4 percent. "The yen can not simply continue weakening along with higher stocks under such conditions".
Barring a major shock in the China readings, markets are expected to remain focused on USA data and its possible impact on the pace of interest rate hikes, and concerns over North Korea and the French presidential election. The only way a major legislative effort like a tax code rewrite gets through Congress is when the pain of things like lost deductions and closing loopholes can be balanced by sweeteners like lower rates and greater simplicity.
Nasdaq 100 e-minis were down 12 points, or 0.22 percent, on volume of 33,948 contracts.
USD/JPY now trades just under 109, up from the lows of 108.12 it reached on Easter Monday. Meanwhile, weaker iron ore prices, Australia's key export, also weighed on the currency.
Mnuchin said Monday that Treasury officials were still studying the border adjustment tax, but that there might be other ways to raise the $1 trillion in revenue.
Leading the way heading into Tuesday was Avisail Garcia with 21 hits, eight runs and 10 RBI. "I never seen anything like that". Chicago made it 4-0 in the seventh after Tim Anderson singled, just the second ball the White Sox hit out of the infield.
Any US strike on North Korea could prompt retaliation against allies or US forces in South Korea or Japan. The parade also featured the "Pukguksong-2", a land-based variant of the submarine-launched missile.
Other members of Godwin's family have said they forgive Stephens and only wanted him to receive the help he needed. Police said Stephens led them on a two-mile pursuit before he took out a pistol and shot himself in the head. " ...
Nearly 400 tips were called in, Williams said, emphasizing the important role the public played in helping to locate Stephens. Stephens was placed on the FBI's most wanted list and attracted a $50,000 bounty for information leading to his arrest.
If Charlotte wins, she will become the new #1 Contender for the SmackDown Women's Championship and have a title match next week. Half of the men in this match ( Jinder Mahal , Sami Zayn, and Erick Rowan) weren't on the roster just a few weeks ago.
But they're particularly excited to use NASA's powerful James Webb Space Telescope, which is supposed to launch late next year. There are also lessons to glean from, and apply to, the TRAPPIST-1 system whose discovery was announced in February this year.
This is according to Citigroup, Inc., which says the Switch is ultimately too bulky for children to use easily (via Bloomberg ). Thus, the 2DS, which is one solid hunk of plastic that plays all 3DS games perfectly.
Happ (left elbow) on the 10-day disabled list before the game and recalled utilityman Ty Kelly from triple-A Buffalo. Right-hander Ben Taylor was recalled from Triple-A Pawtucket to take Rodriguez's roster spot for the game Monday.
And we should all keep in mind just how much hard work and unyielding dishonesty went into stealing this Supreme Court seat. Charles Grassley, chairman of the Judiciary Committee, who played a key role holding the line on the Garland blockade.
Suspect Arrested in Killing of Oklahoma Deputy
The vehicle was spotted later Tuesday morning, but the suspect has yet to be taken into custody. The sheriff said authorities are searching for 45-year-old Nathan Aaron LeForce, the suspect.
Trump slams Canada for tax on imported milk
The move by Canadian producers has cost USA farms upwards of US$150 million, according to a report from the Washington Post . Walker said he also planned to talk privately with President Trump about the issue during his stop in Kenosha on Tuesday.
NCAA returns events to NC after state rolls back LGBT law
State said in a press release it will host six future NCAA competitions, including the 2020 and 2022 women's gymnastics regionals. The board also announced any championship previously award to North Carolina for the 2017-2018 season would remain in the state.
Google Earth gets revival with tools for exploration
The updated Google Earth , which rolls out this week, will now run as a web app in the Google Chrome browser, or on Android . This change comes just in time for the Earth Day celebrations, which is observed on the 22nd of April every year.
More Americans Think President Trump Doesn't Keep His Promises
The results represent a significant turnaround from February, when 62% said they saw Trump as someone who keeps his promises. In February, almost two-thirds said they thought the president keeps his promises and now only 40 percent believe he does.
21st Century Fox investigating O'Reilly harassment claims
O'Reilly seemed to be protected by the network, but that was when they were able to keep the allegations against him private. So far, Fox News has made it clear that they have no real interest in punishing O'Reilly for his criminal activity.
'Girls' Series Finale Recap: Two Girls and a Baby
Adam and Jessa are probably off somewhere snuggled in a love cocoon after almost being derailed by Adam's brief return to Hannah . Marnie summons Loreen to the house for back-up, and Loreen isn't able to break through Hannah's fog.
What It Means, and Why It Matters — Georgia's Special Election
Estes ultimately won his race by just 7 points, a shockingly low lead in an area where Republicans outnumber Democrats 2-to-1. The survey included 453 respondents, 41 percent of which had already voted in early voting. "Vote for the Democratic Party".