Amid escalating trade disputes, investors are looking to safe-haven currencies such as the Japanese yen and Swiss franc, which hit six-month highs. The US dollar, in turn, has weakened as its traditional safe haven status has been undermined by concerns over the impact of tariffs on US economic growth. However, despite these factors and the Bank of Japan's rhetoric, so far USD/JPY quotes have found support as they approach the area below the 144.00 mark we wrote about earlier.