TOKYO -- Speculators are betting on a stronger yen as the currency gains appeal as a safe haven asset in light of geopolitical threats from North Korea and doubts over the stability of the U.S. administration.
Net selling of the yen has been shrinking in the currency futures market, reaching 74,000 contracts as of Aug. 22 in a fifth consecutive week of decline, data from the U.S. Commodity Futures Trading Commission shows.
