Connect with us
The yen closed Friday with its biggest weekly gains in more than a month against the euro and the U.S. dollar.

archive

Investors Try to Satisfy Their ??Yen? for Safety

The yen closed Friday with its biggest weekly gains in more than a month against the euro and the U.S. dollar.

Investors Try to Satisfy Their ??Yen? for Safety (Reuters)

The yen closed Friday with its biggest weekly gains in more than a month against the euro and the U.S. dollar. As you probably guessed, traders are moving funds into the yen as a safe haven to offset fears about the Ukraine-Russia crisis and China??s first bond default. And it??s very likely those fears will grow deeper over the weekend, as Russia continues to conduct ??military exercises? on its Ukrainian border. For yen investors, that??s just what the doctor ordered, according to Manuel Oliveri of Credit Agricole in London. In fact, the yen may actually stand out as the one investment to play when there??s ??blood in the streets.? But you??ll have to decide whether or not you can profit from others?? misfortune.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

Big Tech Big Tech

‘Principled’ Rightists Have Forgotten What the Principles Are.

TECH

‘Squash Amash’ Rally Takes Aim at Michigan’s Anti-Trump GOP Rep

U.S. POLITICS

The Divided State of Britain.

CULTURE

Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals

Don’t Rush to War with Iran Over Some Tankers.

U.S. POLITICS

archive

Investors Try to Satisfy Their “Yen” for Safety

Investors Try to Satisfy Their “Yen” for Safety (Reuters)

The yen closed Friday with its biggest weekly gains in more than a month against the euro and the U.S. dollar. As you probably guessed, traders are moving funds into the yen as a safe haven to offset fears about the Ukraine-Russia crisis and China’s first bond default. And it’s very likely those fears will grow deeper over the weekend, as Russia continues to conduct “military exercises” on its Ukrainian border. For yen investors, that’s just what the doctor ordered, according to Manuel Oliveri of Credit Agricole in London. In fact, the yen may actually stand out as the one investment to play when there’s “blood in the streets.” But you’ll have to decide whether or not you can profit from others’ misfortune.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Big Tech Big Tech

‘Principled’ Rightists Have Forgotten What the Principles Are.

TECH

‘Squash Amash’ Rally Takes Aim at Michigan’s Anti-Trump GOP Rep

U.S. POLITICS

The Divided State of Britain.

CULTURE

Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals

Don’t Rush to War with Iran Over Some Tankers.

U.S. POLITICS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter