The yen posted its biggest monthly advance since February as financial turmoil sparked by the U.K.’s decision to leave the European Union spurred a global flight to haven assets.
Japan’s currency ended Thursday weaker even after investors sought safe havens after Bank of England Governor Mark Carney said the bank is likely to loosen monetary policy within months to quell a potential economic slowdown fueled by the U.K.’s vote. The dollar strengthened after reports the European Central Bank is considering loosening the rules to carry out additional stimulus.
