Yen surges as stock market mood darkens

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Aug 16, 2017
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The #yen was the major mover among the G10 group of developed world currencies on Friday, gaining another half percent against the #dollar as nerves over #stock #market valuations and the future of an 8-year global rally seeped into other assets.

The #euro had recovered all of the ground it lost after #European #Central #Bank policymakers warned of an overshoot in the #currency in the minutes from last month’s policy meeting, to trade 0.2 percent higher at $1.1748. For Details click https://goo.gl/qFvLGw

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