Yen - a safe haven for investors
Business
The Japanese currency (yen) rose yesterday in foreign markets as investors fled to safe haven currencies a day before US President Donald Trump's planned tariffs take effect, according to Reuters. Investors see the Japanese currency as a safer asset than the dollar in the current environment, as US tariffs are likely to also affect the US economy. Financial markets were quiet at the start of yesterday's session, with the dollar and the euro close to Monday's levels, according to the quoted
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