02.02.2016 - Yen’s status as a haven currency will endure, despite declines
Many market strategists expect the yen to weaken against the dollar in the near term following Friday’s announcement from the Bank of Japan. But any sustained weakness won’t diminish the Japanese currency’s role as a haven. The yen has surrendered nearly all of its gains against the dollar from the past six weeks since the BOJ revealed on Friday that it would soon begin charging an interest rate of minus 0.1% on new excess reserves held at the central bank...............................................Full Article: Source
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