The forex market's main safety plays are in demand. The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018.
The Japanese yen was at its strongest versus the dollar in nine days after Japan's government bond yields hit another cycle high. The 10-year JGB yield was up 1.5 basis points early Wednesday, trading ...