Japan's Yen strengthens as investors flock to safe-haven assets

Yen strength underscores growing demand for safe-haven assets amid global market volatility.

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Japan's Yen strengthens as investors flock to safe-haven assets

Japan's Yen strengthens as investors flock to safe-haven assets
The Japanese Yen strengthened to ¥147.5 per USD on October 8, as investors shifted to safe-haven assets amid global market volatility. The move reflects heightened risk aversion driven by geopolitical tensions and cautious sentiment in U.S. equity futures. The yen’s rebound supported renewed capital inflows into Japanese bonds and treasuries, signaling defensive positioning by global investors seeking currency stability amid persistent macroeconomic uncertainty.
Tags:
  • currency
  • safe-haven