Japanese Yen appreciates on increasing demand

Source: Dukascopy Bank SA

During Wednesday, November 13, the Japanese Yen appreciated 27 pips or 0.24% against the US Dollar.  

Most likely, the advance was caused by the increasing demand for the Japanese national currency as the safe-have asset. 

The Hong Kong business district has been paralyzed for three days due to anti-government protests. Finance companies suggested employees to stay at their homes for safety reasons. This is one of the largest disturbances the Asian finance hub is dealing with.

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