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Japanese Yen to Rise Further on Safety Flows and Increased FX Hedging

  • Written by Joaquin Monfort
  • Category: JPY

Yen exchange rates

The Japanese Yen is rising from increased safe-haven flows as a global stock market rout takes hold, with analysts at investment bank Morgan Stanley saying they see the trend of appreciation accelerating as domestic investors take out further currency hedges.

Read more: Japanese Yen to Rise Further on Safety Flows and Increased FX Hedging