Yen Maintains Safe Haven Status Amid Dollar Weakness

Reported about 6 hours ago

The yen showed resilience against the dollar despite new tariffs imposed by President Trump, indicating its appeal as a safe haven for investors. It was the only G-10 currency to appreciate against the dollar this year, even as risk-averse behavior led to declines in equity markets across Asia. However, uncertainties about Japan's exposure to potential tariffs may affect the yen's outlook moving forward.

Source: YAHOO

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