{"id":66941,"date":"2025-10-09T03:31:08","date_gmt":"2025-10-09T03:31:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/66941\/"},"modified":"2025-10-09T03:31:08","modified_gmt":"2025-10-09T03:31:08","slug":"yens-haven-status-undercut-by-gold-surge-and-boj-rate-hike-doubts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/66941\/","title":{"rendered":"Yen\u2019s haven status undercut by gold surge and BOJ rate-hike doubts"},"content":{"rendered":"<p>The yen\u2019s status as a haven in times of global stress faces growing skepticism, threatening to exacerbate a selloff that sent the currency to an eight-month low this week.<\/p>\n<p>For decades, investors have turned to the yen during market shocks, from financial crises to geopolitical blowups. The logic was simple: Japan\u2019s huge current-account surplus, stable political system and deep domestic investor base made it a reliable refuge when risk assets tumbled.<\/p>\n<p>But that instinct is now under strain, undermined by the Japanese currency\u2019s increasingly inconsistent behavior as a hedge and a move toward gold as part of a trade that shuns major currencies. The yen broke above the key level of \u00a5150 against the dollar this week following hard-line conservative Sanae Takaichi\u2019s surprise victory in Japan\u2019s ruling party leadership race.<\/p>\n","protected":false},"excerpt":{"rendered":"The yen\u2019s status as a haven in times of global stress faces growing skepticism, threatening to exacerbate a&hellip;\n","protected":false},"author":2,"featured_media":66942,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,4240,4241,23122,220,111,139,69,53957,42907],"class_list":["post-66941","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-forex","tag-gold","tag-japanese-economy","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-sanae-takaichi","tag-yen"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/66941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=66941"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/66941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/66942"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=66941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=66941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=66941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}