Asian Session – Yen extends gains on safe haven demand
Posted on March 22, 2013 at 7:26 am GMTMarkets were calmer in the Asian session as the weekend looms and investors are unwilling to enter new positions ahead of uncertainty. The yen extended gains from yesterday as the concerns in the euro zone debt crisis fuelled appetite for the safe haven Japanese currency. Also helping support yen was few details from the Bank of Japan’s new governor on monetary easing. Haruhiko Kuroda failed to outline at his inaugural press conference on Thursday on how he plans to achieve [..]