Wed 03 Aug 11 | 01:20 AM ET

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Is Yen a Safe Haven?

Wed 03 Aug 11 | 01:20 AM ET

As other currencies look more risky, could the yen become a safe haven? Simon Smith, chief economist at FxPro thinks not. "Things turn quite quickly when investors lose confidence... you know that that's coming at some point (in Japan) and do you want to be in front of that steamroller when it happens?" he told CNBC.

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The Week That Was Fri 17 May 13 \| 06:35 PM	Companies That Shine After Spinoffs Fri 17 May 13 \| 06:29 PM	Bargain in a Roaring Market Fri 17 May 13 \| 06:15 PM	The Week Ahead: Next-Gen Xbox Fri 17 May 13 \| 06:02 PM	Mad Money: Cramer's Gameplan Fri 17 May 13 \| 06:00 PM
Mad Money, May 17, 2013 Fri 17 May 13 \| 06:00 PM	Options Action Web Extra: Will Tesla Power Down? Fri 17 May 13 \| 05:59 PM	Options Action, May 17, 2013 Fri 17 May 13 \| 05:53 PM	Press Your Gold Shorts Fri 17 May 13 \| 05:53 PM	Hollywood Starlet Makes Options Trade Fri 17 May 13 \| 05:46 PM
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Is Yen a Safe Haven?

Is Yen a Safe Haven?

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