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CURRENCIES

Yen nears Nov 2014 highs, euro underperforms

Wednesday, February 10, 2016 - 05:50

London

THE yen rose on Tuesday to its highest against the US dollar since November 2014, as a sell-off in global stocks and worries about Europe's banks stoked demand for safe-haven currencies. The euro underperformed. Although it has enjoyed a good correlation with safe-haven assets and