Yen’s Brexit Rally Fizzles Less Than One Month After Vote: Chart

To get a sense of how quickly appetite for riskier assets has bounced back after Britain’s vote to leave the European Union, just look at the yen. The Japanese currency, traditionally a haven asset, has more than reversed the rally that started after the June 23 referendum. It’s declined 3.5 percent this month, reaching the lowest in more than six weeks against the dollar.

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