Asian Session: Yen Strengthens on Risk Averse Positions Ahead of G20 Meeting
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Investors began migrating funds back into safe haven assets based on growing speculation regulators will clampdown on risk taking by financial institutions. Some of the reform suggest that capital requirements will be raised causing banks to align compensation more consistently with overall risk. The repatratriation in Japanese corporate funds continues to be a key theme supporting yen… | ||||||||||||||||||||
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