TOKYO - Growing fears about the impact of a worsening U.S.-Sino trade conflict on global growth kept the safe-haven Japanese yen near recent highs against its peers on Wednesday.
On Wednesday, the dollar index against a basket of six key rivals was last a shade lower at 97.560, having ended the previous session with a gain of 0.1 percent. On the back of these trade tensions, the greenback has given up about 1.4 percent against the yen, which tends to benefit during geopolitical or financial stress as Japan is the world’s biggest creditor nation, since last Friday.
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