# Yen Can Retake Its Crown as FX Haven as BOJ Normalizes Policy: Barclays - Bloomberg

> Barclays says the yen is set to regain its status as a preeminent haven currency as the Bank of Japan normalizes policy and the inflation shock fades. The bank argues the yen had lost that role to the dollar in recent years.

- Date: 2023-04-27 · published 2023-04-27T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/36629-yen-can-retake-its-crown-as-fx-haven-as-boj-normalizes-policy-barclays-bloomberg
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A shift in haven demand would tend to strengthen the yen against the dollar, with limited direct effect on feed commodity prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-04-27/yen-to-regain-status-as-world-s-preeminent-haven-barclays-says

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.