The Yen, widely seen as a refuge asset during uncertain times, is becoming the star performer among the top currencies, already up by 0.2% on the day to the US Dollar.
June Contract VIX – Volatility Index
This can be seen as a consequence of the general mood in the markets, which clearly is risk-off, as concerns grow over the likelihood of the US and China finding a solution to their trade disputes, during the upcoming G20 meeting.
