TOKYO - The yen advanced against its peers on Thursday as persistent U.S.-China trade fears and Brexit concerns fanned risk aversion, lifting the safe-haven Japanese currency.
The Japanese currency also rose modestly against the euro, pound and Australian dollar, adding to overnight gains. “While the currency market appears to have mostly priced in May’s eventual resignation, it is now trying to work out who might replace her,” said Yukio Ishizaki, senior currency strategist at Daiwa Securities.
Still? Seriously? Investment increased after the yes vote to Brexit. This smells like far left fear mongering.
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