Japanese yen jumps versus US dollar as global stocks rise
A global stock index rose Wednesday after recent declines. The Japanese yen gained sharply against the US dollar, though the move’s driver was not immediately clear amid investor focus on US-Iran conflict developments.
By Caroline ValetkevitchA global stock index rose on Wednesday after recent declines and investors watched for new developments in the U.S.-Iran conflict, while the Japanese yen gained sharply against the U.S. dollar.It was not immediately clear what prompted the yen move.
The currency had retraced…