Japanese Yen edges higher above 156.50 as Middle East conflict fuels safe-haven demand
3 Articles
3 Articles
US Dollar Soars: Safe Haven Demand Surges As Iran Conflict Intensifies
BitcoinWorld US Dollar Soars: Safe Haven Demand Surges as Iran Conflict Intensifies LONDON, April 15, 2025 – The US dollar resumed a powerful climb against major global currencies this week, driven by escalating safe haven demand as military conflict between Israel and Iran intensifies. Consequently, investors globally are rapidly shifting assets into dollar-denominated holdings, seeking stability amid heightened geopolitical risk. This flight t…
Japanese Yen edges higher above 156.50 as Middle East conflict fuels safe-haven demand
The USD/JPY pair trades in negative territory near 156.85 during the Asian trading hours on Thursday. Escalating conflict in the Middle East leads to a safe-haven bid for the Japanese Yen (JPY) against the US Dollar (USD).
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