JPY review: Western Union

Quotes from Western Union:

- The Japanese yen has seen a relatively quiet session despite the various event risks that were seen in Asian trade. Traditionally safe haven flows into the yen would pick up if geopolitical risks heighten, as was seen with the release of 2 North Korean missiles. 

- On the other hand, a rate cut in China has lifted expectations for the world's number two economy and thus traditionally would see safe haven demand dry up.