DoozyTrader

Japanese Yen Positioning Itself as a Market Haven

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FX_IDC:JPYUSD   日元/美元
Investors flock to JPYUSD in times of economic uncertainty. During the 2007-2008 crisis, the Yen rose 63.42%. As the coronavirus continues to batter supply chains, technology conglomerates suffer lost workforces and unstable earnings. Treasury yields have collapsed to all-time lows.

In the very least, as insurance, the Yen awaits.

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