Yen Falls as In­vestors Look for Risky As­sets

The Economic Times - - Commodities Plus -

The yen weak­ened against all of its 16 ma­jor peers as a re­cov­ery in stocks and com­modi­ties prompted in­vestors to opt for riskier as­sets over havens. Cur­ren­cies of New Zealand and Aus­tralia rose, both reach­ing lev­els not seen in 10 months ver­sus dol­lar, af­ter oil ad­vanced for first time in 5 days.

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