Photographer: Tomohiro Ohsumi/Bloomberg

Four Charts to Show Why Yen’s Dizzy Rally May Stay the Course

  • Japan’s external surplus and real yields support the currency
  • Hurdle may still be high for Japan to intervene in the market

The yen is the best-performing Group-of-10 currency this year as the U.K.’s decision to leave the European Union spurs expectations that the Federal Reserve will hold rates for longer while stoking demand for safer assets.

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