FX Rate Updates

USD/JPY falls as safe-haven demand boosts the Yen

The USD/JPY pair declined to 153.10 on Friday, as the yen preserved some of its recent gains in the context of a flight to safety. A notable increase in stock market volatility, spurred by apprehensions regarding a possible overvaluation of artificial intelligence stocks, led investors to turn to conventional safe-haven assets, consequently bolstering the Japanese … Read more