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Yen Rises on Haven Demand as CIBC, Nomura See Room for More Gain
Source: Bloomberg
Currency & FXMarket Technicals & FlowsInvestor Sentiment & Positioning
The Japanese yen rose as a selloff in US technology shares prompted traders to seek safer assets. Strategists at CIBC and Nomura expect the trend to continue; the article provides no magnitude for the yen's gain.
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