Yen advances as haven demand grows
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE yen advanced to the strongest level in more than a month versus the dollar as Saudi Arabia and its allies bombed targets in Yemen, increasing demand for haven assets.
The Canadian dollar and Norwegian kroner rose with the price of crude oil after rebels known as Houthis pushed deeper into Yemen's dwindling government-held area. The dollar weakened against most of its 16 major peers as the Bloomberg Economic Surprise Index showed US economic indicators are undershooting analysts' estimates by the most in six years.
Share with us your feedback on BT's products and services
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
