Yen Advances to Strongest Since August as China Drives Haven Bid

  • Speculators net-long on Japan currency first time under Abe
  • Yen gained 2.5% this year, the most among 31 major peers

The yen rose to the strongest since August as a rout in assets linked to Chinese growth prompted speculators to turn bullish on the currency for the first time since 2012.

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