Yen Haven Demand Revives on Risk-Off Moves
The yen’s appeal as a haven currency was revived as risk-off moves spread across asset classes, with euro-yen bears potentially extending below 175 and dollar-yen possibly sliding beneath 155, Bloomberg Intelligence said.
Original · Bloomberg AI summary of public reporting
Why: Risk-off flows revive yen haven demand
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At publication → CurrentJPY157.02 → 157.42+0.3%
EUR1.121 → 1.12−0.1%