Reported 29 days ago
Despite its recent struggles, the Japanese yen is positioned as a potential safe haven for investors amid the uncertainty surrounding the upcoming US presidential election. Historical data suggests that the yen has performed well relative to other traditional safe assets during past election cycles, making it an attractive option for those seeking security in tumultuous market conditions. Analysts emphasize the yen's strengths, including Japan's significant current-account surplus and low inflation, while also noting potential tariff risks and ongoing economic developments that could influence its value.
Source: YAHOO