Events in Europe are dominating investors risk appetite at the moment, even superseding news that the US’s credit rating outlook was downgraded to negative yesterday by Standard and Poor’s. Risk appetite is likely to be tested again when Greece offers EUR1.25bn in 13-week bonds at an auction today. That is Read More In Focus Euro [...]
Posted in FX News | Tagged a, acting, and, as, euro, focus, haven, in, is, safe, spain, the, uk
The dollar benefit from the safe haven trade depends on the severity of the fear in the market. At heart the safe haven play is a capital preservation trade. Current fear in the currency market is muted, in the background but not yet manifest, even after Thursday’s run down in Read More The Dollar, Safe [...]
Posted in FX News | Tagged and, dollar, events, haven, safe, the, world
From looking at the recent dynamics of the Swiss franc in the foreign exchange market it can be undoubtedly said that the currency is now treated as a safe haven by the traders. It reached its new historical maximum against the euro today.(…)Read the rest of Franc at New Record vs. Euro, Counts as Safe Haven (100 words) Posted on Forex News. Read More Franc at New [...]
Posted in FX News | Tagged as, at, counts, euro, franc, haven, new, record, safe, vs
The Japanese yen rose today against most other major currencies on the speculation that the slowdown of the global economic growth will increase demand for the Japanese currency as the safe haven.(…)Read the rest of Yen Rises with Increasing Demand for Safe Haven (71 words) Posted on Forex News. Read More Yen Rises with Increasing Demand for Safe Haven
Posted in FX News | Tagged demand, for, haven, increasing, rises, safe, with, yen
Wealthy Greeks seeking a financial safe haven have helped drive up the price of luxury house prices in London, a new report shows. Read More Wealthy Greeks snap up London properties in safe haven buying
Posted in FX News | Tagged buying, greeks, haven, in, london, properties, safe, snap, up, wealthy
• Euro Sees Moderate Strength on Confidence Numbers, Traders Look ahead to ECB Rate Decision • Japanese Yen Gives Back Gains after Fujii Says He May Contact US, EU Authorities • British Pound Concerns may Shift from Growth back to Financial Stability • Can the Australian Dollar Fend of Risk Aversion with an RBA Rate [...]
Posted in FX News | Tagged back, but, comes, dollars, haven, it, last, life, roaring, safe, status, to, us, will
What is the most influential driver behind the Japanese yen? The same underlying current for all capital markets: risk appetite. It used to be the case… Read More Japanese Yen Relinquishes its Top Safe Haven Status to the Dollar
Posted in FX News | Tagged dollar, haven, its, japanese, relinquishes, safe, status, the, to, top, yen
