Yen advances as demand for safe-heaven assets increases

Source: Bloomberg
© Scanpix/RS
The Yen surged 0.2% against the greenback, thus heading for its five-day winning streak, as the tension between Russia and Ukraine increases demand for safe-heaven assets. The Japanese currency is set for 1.6% weekly gain against the U.S. currency, while Yen has soared 1.8% against the shared currency since March 7. 
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