Losing Safe-Haven Status, Japanese Yen Weakens Despite Rising Global Uncertainty

<p>Despite the recovery over the past few days, Japanese yen has still lost -1.6% against US dollar in the first 3 weeks of February. This phenomenon is puzzling as JPY, as traditional safe-haven currency, usually strengthens as global uncertainty and risk aversion intensify. There are a number of reasons for the loss of JPY’s safe-haven […]</p>
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