Elaine exceeds the currencies of the ten countries group with an increase in its attraction as a safe haven

The Japanese yen has risen, to be the only currency in the group of ten countries that scored profits against the dollar on Monday, as investors tended to buy it as a safe haven for the fear that President Donald’s decisions to set up definitions and sanctions on Colombia could exacerbate trading tensions and increase economic risks. The Japanese currency rose by about 0.5% to 155.29 against the dollar on Monday morning, despite the rise of the US currency against most major currencies following Trump’s social media statements. The reasons for the Japanese yen that climb 0.8% on Friday after the Bank of Japan raised the interest rate to the highest level since 2008, although it dropped shortly thereafter. Read more: The Japanese central raises the interest rate to the highest level in 17 years, says Jin Motiki, the Currency Strategy in Nomura: Investors can avoid buying the Swiss franc, a safe haven that has a wide fame among investors as “concerns about the imposing duties. ‘s threat of laying up customs on Colombia has contributed to increasing the value of the yen, the scope of Japan’s association is financially with the economy of South America, the value of Japan’s investments in Colombia has reached $ 575 million, according to the latest data affected by the international monetary fund. Japan will continue to raise interest rates, although at a moderate rate, it must weaken the position of the yen as a financing currency, “Jane Foley, head of foreign exchange strategy for the group of ten countries at the Rabobank Bank, wrote in a research note. Despite the fluctuations of the yen to the Bank of Japan, Fuli holds her opinion that the yen will be against the dollar for 12 months against the dollar.