Greek Drama, Yen Strength
"Everybody likes the yen because it's not the euro" -Tom Molloy, chief dealer at FX Solutions
Japanese stocks continue to be battered as Japanese companies are increasingly impacted by the surging yen, which is cutting into Japan's crucial export business. Economic uncertainty, especially concerning PSI talks in Greece, has led to investors flocking to the yen, one of the few remaining havens for investment stability.
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