Yen is back to the game

The USD/JPY bears do not want to play a secondary role

After a 5% surge of the USD/JPY over the two weeks in March amid the crash of the US stock indexes, some investors start talking that the yen has lost its status of the major safe-haven. In theory, the turn of the US stock market down into the bear territory should have resulted in the massive capital repatriation to Japan, but this didn’t occur. The Japanese investors preferred the greenback. However, as the S&P 500 was rising, it was not beneficial to hold the US dollar in the investment portfolios. As…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>