JPY Soars as Trump Stirs Markets Amidst Inflation Fears

Market volatility remains high due to limited liquidity caused by the Labour Day holiday in the US and the absence of investors. Despite this, sentiment is being driven by Friday's US labour market report, which showed unemployment remaining stable at 4.1 percent.

Donald Trump has demanded a halt to the sale of Canadian Bombardier aircraft in the US, ordering their production to be relocated to America. This move has investors positioning themselves with caution ahead of upcoming inflation figures, which will determine central banks' next steps.

The Japanese yen is currently on a strong upward trend, reaching its highest level against the dollar since February. The euro remains resilient despite shocking regional election results in Germany, while the Polish zloty shows stability due to higher domestic inflation figures.