Yen hovers near one-week high

Yen rose on Friday to near a one-week high as demand increases on the Japanese currency as a safe haven in the times of uncertainty. 

USD/JPY rose to 105.90 from the opening of 106.34, with a session-low at 105.85, and a high at 106.36. 

Markets have grown tense due to great uncertainty with regard to the recent White House decisions, with President Trump firing his national security adviser after firing his Secretary of State and economic adviser. 

Fears about a trade war launched by the US due to tariffs on steel and aluminum imports hurt sentiment as well and buoyed yen. 

Finally, Asian stocks have deepened their losses today, nudging investors to shift liquidity to yen and government bonds.