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Risk Appetite's A Bit Off, Says FX Strategist

Monday, 28 Feb 2011 | 3:48 PM ET

This is a great time to take fewer forex risks, says an FX strategist for Standard Chartered, and that's good news for traditional safe havens.

Currency Market in Risk-Off Mode
The Swiss franc and Japanese yen are likely to remain safe-haven trades for a while to come, says Thomas Harr, head of Asia FX strategy at Standard Chartered.

There are times to take risks, and times to take risk off the table.

With the Middle East in turmoil, oil prices high, and inflation concerns starting to escalate, this is a great time for risk-off strategies, says Thomas Harr, head of Asian FX strategy at Standard Chartered.

In his view, that's good news for the Swiss franc and the yen.

Take a look, starting at 2:55.

CURRENCY FUTURES

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