Yen, franc and euro sought in risk-asset rout, EM savaged


SYDNEY/TOKYO: The yen and Swiss franc held firm on Friday, having charged higher overnight as worries about a slowdown in China and turmoil in some emerging markets spurred demand for the safe-haven currencies.

The euro also held onto the previous day's hefty gains, which stemmed from data that showed a strong euro zone recovery and fuelled a shift of funds into the common currency from emerging markets.

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forex , currencies , yen , swiss france , EM

   

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