Fresh worries about French polls adds to risk aversion

Published Wed, Apr 12, 2017 · 09:50 PM

London

THE safe-haven yen steadied on Wednesday after its biggest one-day rise in three months against the dollar, as worries over geopolitical tensions checked investors' risk appetite.

Investors' flight to safety underpinned traditional safe-havens such as the yen, US Treasuries and gold, amid fresh worries about France's presidential election and possible US military action against Syria and North Korea.