Safe Haven — News Archive


Japanese Yen Soft After CPI Beats Expectations, Manufacturing PMI Misses Forecasts

The Japanese yen was weak for the most part today despite the better-than-expected inflation print and risk aversion among investors. Meanwhile, Japan’s manufacturing sector unexpectedly continued to contract.

Japanese Yen Profits from Risk Aversion Caused by Trade Wars

The Japanese yen surged against the majority of most-traded currencies today as the negative market sentiment drove investors towards safer assets. The yen posted losses versus the Swiss franc, which also profited from its role of a safe haven, though by now the Japanese currency has trimmed its losses.

Yen Gains As Trade War Between US & China Escalates

The Japanese yen rose today on signs that the trade war between the United States and China escalates.

Japanese Yen Rallies After Trump Orders New Sanctions Against North Korea

The Japanese yen rose today as tensions between the United States and North Korea continued to escalate, making safe assets more appealing to investors.

Yen Rallies to New Multi-Year Highs vs. Dollar & Pound

The Japanese yen rallied today, reaching fresh multi-year highs against the US dollar and the Great Britain pound, as fears of the Brexit and its impact on the world economy made investors seek safer options.

Yen Continues to Rise Against Pound

The Japanese yen opened sharply higher against such major rivals as the US dollar and the euro, fell back to the Friday’s close but returned to trade near the opening as of now. The yen’s performance against the Great Britain pound was a totally different matter as the Japanese currency continued to move higher after the initial opening.

Japanese Yen Remains Among Strongest Currencies

The Japanese yen remains one of the strongest currencies (if not the strongest) as risk aversion plagues the Forex market, increasing the attractiveness of the currency in its role of a safe haven.

Great Britain Pound Demonstrates Small Gains During Friday’s Trading

The Great Britain pound gained against its major rivals during the current trading session, but the gains were limited as traders remained worried about issues with global economy. This made them seek safer currencies.

Safe Haven Demand Continues to Send Yen Higher

Japanese yen is higher again today, thanks to safe haven demand. Today’s global stock market sell off is resulting in an interest in stable assets, and that means the yen is gaining ground against its major counterparts.

Continued Safe Haven Demand Helps Greenback

Forex traders are still looking for a safe haven today, and the US dollar is providing that feeling of confidence. With upheaval in the stock markets and uncertainty over North Korea and the Middle East, it’s no surprise that the dollar is gaining ground today.