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North Korea sparking concerns for investors again, yen to strengthen further?
Heading into the open of Tokyo, it is worth noting that North Korea has resurfaced as a geopolitical concern again on the back of the upcoming US-South Korea military exercises which N.Korea say are "reckless behavior driving the situation into the uncontrollable phase of a nuclear war." While markets wait to see what the US will do next, the yen could well be an attractive safe haven for investors. Meanwhile, analysts at Brown Brothers Harriman explained the dollar fell against the yen for the past three sessions last week: "The two days of gains at the start of the week lifted the dollar to JPY111, the high seen ... (full story)
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