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Bloomberg explains why the yen remains a safe-haven currency, citing Japan's current-account surpluses and large overseas holdings. It also notes that dollar-yen is the second most traded currency pair, which makes it highly liquid.
The piece is background on currency behavior with no new event. It has little direct bearing on feed commodity prices.
bloomberg.comChris Anstey, Ruth CarsonJun 4, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
