In Tuesday, the yen led the list of preferred assets for investors in non-dollar assets. Experts note that this instrument has become a safe haven amid the recent strengthening of the US dollar and declines in global equity markets. However, the situation stabilized after the head of the US Federal Reserve hinted at a possible increase in rates. "The yen is usually considered by investors as a non-dollar asset, and its popularity is increasing in periods of uncertainty in the market," analysts say. According to them, in such conditions, investors prefer to transfer funds into Japanese yen, which supports its exchange rate.
