Latest breaking stories, features and analysis
USD/CHF: No end in sight for the Swiss franc strength
- The USD/CHF pair dropped to the lowest level since 2015 after the strong Swiss manufacturing PMI.
- The Swiss manufacturing PMI increased to 58, the highest level since 2018.
- The pair will next react to the Georgia Senate election.
15th JanuarySugar prices on a 5-year high as BRL/USD surges
Here’s a Chart That Proves Yen Is The King of Safe-Haven Currencies
In a time of market turmoil, when investors are moving away from high-yielding assets, there is a list of perceived safe-haven assets that attract investors’ funds. In case of a regional war, pandemic, or global geopolitical turmoil, the list of safe-haven assets remained the same over decades e.g. gold, yen,…
March 10, 2020