You may have heard that this week, the Japanese yen hit a 13-year high against the U.S. dollar. (To currency traders, this pair is known as the USD/JPY.) Apparently, the yen has "gained a reputation as a safe-haven currency during turbulent times…" In retrospect, that's a perfectly good explanation, but could you have predicted the yen's current strength six months ago? A year ago? It depends on how you went about doing it.
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