FT: Why the Japanese yen is not the haven asset it once was
I posted Monday on a piece from JP Morgan with Japanese yen losing its attraction as a safe haven play
It sparked a bit of debate, so if you fancy a little more the Financial Times have a piece up on the note now also:
- Japanese currency's haven status in times of heightened geopolitical risk …. But that haven trade seems to be broken.
FT may be gated