Oct 15 2018

Yen Gains as Geopolitical Tension Weighs on Currency Markets

The Japanese Yen hit a one-month high and the Swiss franc gained on Monday as rising geopolitical tensions and the investor concern about the global economy left investors wary at the start of the week.

Equity markets fell on worries the ongoing US-China dispute is hitting China’s economy, while Saudi Arabian shares tumbled on rising tension between the monarchy and the West.