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Yen strengthens on weaker European stocks

Thursday, February 4, 2016 - 05:50
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The yen rose on Wednesday as weaker stock markets in Europe spurred investors to buy safe haven assets, dampening the impact of last week's shock decision by the Bank of Japan to adopt negative interest rates.

London

THE yen rose on Wednesday as weaker stock markets in Europe spurred investors to buy safe haven assets, dampening the impact of last week's shock decision by the Bank of Japan to adopt negative interest rates.

The market's focus returned to global growth worries, and

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