<blockquote>
  <p>Financial markets have had only a muted reaction to the dispute in
  recent months, but on Friday assets regarded as havens for investors
  jumped immediately after the news of North Korea’s latest H-bomb
  threat. The Japanese yen firmed as much as 0.5 per cent to ¥111.96 per
  dollar. Gold was also 0.5 per cent stronger at $1,297.09 per ounce.</p>
</blockquote>

<p>(Source: <a href="https://www.ft.com/content/199a98be-9ee0-11e7-8cd4-932067fbf946" rel="nofollow noreferrer">Financial Times</a>)</p>

<p>I thought Yen would grow weaker, but on the contrary it grew stronger, why?</p>

CC BY-SA 3.0
2017-09-22T15:46:12.967Z
Because it's considered a safe haven. See [here](https://economics.stackexchange.com/questions/17810/why-is-jpy-considered-a-safe-currency).
luchonacho
CC BY-SA 3.0
2017-09-22T21:27:46.517Z
Consider also that the NK saber-rattling increases the likelihood of the US military spending additional money in Japan.
Hot Licks
CC BY-SA 3.0
2017-09-23T06:50:48.253Z
Notice that the flagging as duplicate is to make you aware of such other question, and edit your question making clear why yours might not be a duplicate (if so).
luchonacho
<currency><international-economics><money><currency-exchange>
Why Yen grew stronger after North Korea's H-bomb threat?
q126y
# Why Yen grew stronger after North Korea's H-bomb threat?

(Asked by: username_0 on 2017-09-22)

> Financial markets have had only a muted reaction to the dispute in
> recent months, but on Friday assets regarded as havens for investors
> jumped immediately after the news of North Korea’s latest H-bomb
> threat. The Japanese yen firmed as much as 0.5 per cent to ¥111.96 per
> dollar. Gold was also 0.5 per cent stronger at $1,297.09 per ounce.

(Source: [Financial Times](https://www.ft.com/content/199a98be-9ee0-11e7-8cd4-932067fbf946))

I thought Yen would grow weaker, but on the contrary it grew stronger, why?

**Tags:** currency, international-economics, money, currency-exchange

> **Comments:**
> **username_1**: Because it's considered a safe haven. See [here](https://economics.stackexchange.com/questions/17810/why-is-jpy-considered-a-safe-currency).  
> **username_2**: Consider also that the NK saber-rattling increases the likelihood of the US military spending additional money in Japan.  
> **username_1**: Notice that the flagging as duplicate is to make you aware of such other question, and edit your question making clear why yours might not be a duplicate (if so).  

---

## 0 answers

