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Japan Is Still a Haven, But It’s Tougher to Make a Buck on the Yen
A classic way for investors to trade on global anxiety isn’t paying off the way it used to.
06 Jun 2019, 05:55 PM IST
(Bloomberg Businessweek) -- On the morning of Friday, May 31, when traders in Asia started their day with an unexpected move by President Donald Trump to impose tariffs on Mexico, there was one seemingly obvious course: Rush into the yen.
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