Yen edges up as investors seek safe havens

London

THE yen inched higher on Thursday with investors seeking safe havens as stock markets hit two-month lows, although major currency pairs were otherwise little changed after the first of a batch of major central bank policy decisions.

The Bank of Japan (BOJ) and US Federal Reserve both meet next week after the Swiss National Bank and the Bank of England (BOE) both held fire with any further moves to support growth or weaken their currencies on Thursday.