14.05.2013 - Yen remains a haven currency despite sharp fall

It may be hard to accept, given the yen’s recent sharp fall, but the Japanese unit remains in the eyes of many a haven currency. The dollar’s rise above Y100 is not just a function of Bank of Japan easing, but also the benign market of late. Bursts of angst can still see the yen gain ground. As can the Swiss franc, a haven peer, which may now also face a distinct weakening trend...............................................Full Article: Source

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