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Yen up as oil rout sparks risk aversion; euro falls

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The safe-haven yen rose on Tuesday as investor risk aversion mounted following sharp drops in crude oil and stocks that have rekindled concerns about the strength of the global economy.

London

THE safe-haven yen rose on Tuesday as investor risk aversion mounted following sharp drops in crude oil and stocks that have rekindled concerns about the strength of the global economy.

Growing fears of deflation in the eurozone have pushed the euro to near nine-year lows...

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