LONDON – The Japanese yen was on observe for its greatest run of features because the depths of the coronavirus disaster in March 2020, as rising U.S.-China tensions over Taiwan and deepening worries a couple of world financial slowdown boosted the enchantment of safe-haven belongings.
In opposition to the greenback, the Japanese forex was on observe for a fifth consecutive session of features on Tuesday, taking its cumulative enhance to just about 4.5 p.c in 5 buying and selling periods. In early London buying and selling, the forex was up 0.6 p.c at 130.78 yen, just under a excessive of 130.40 yen, a degree final seen in early June.
Jitters concerning the influence of an impending go to to Taiwan by U.S. Home of Representatives Speaker…
Carry on studying: Yen set for greatest run of features in additional than 2 years