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Yen becoming star performer currency

Ricardo Evangelista by Ricardo Evangelista
June 13, 2019
in Forex, Markets, Opinion
Reading Time: 1 min read
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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.

Tags: G20 SummitUS-China tradeYen
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Ricardo Evangelista

Ricardo Evangelista

Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.

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