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The US Dollar holds the yield advantage: Why safe-haven demand still sank it against the Japanese Yen
The US Dollar (USD) has experienced a sharp setback against the Japanese Yen (JPY), with USD/JPY plunging from the 158.20 area to intraday lows around 156.08 as falling US Treasury yields and a spike in geopolitical risk aversion triggered aggressive safe-haven demand for the Yen.
Latest closeUSD/JPY 156.81 ▼0.8%
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