Safe Havens Soar, Downdraft Down Under
The Swiss franc and yen are flying high as investors bail out of riskier currencies — it's time for your Tuesday FX Fix.
As the yen soars, Japanese policymakers voice growing alarm. [CNBC]
The Swiss franc is near record highs against the euro as investors look for safe havens, and the European Central Bank is busy in the secondary bond market. [CNBC]
With investors bailing out of riskier currencies, the Australian dollar briefly fell below parity with the U.S. dollar. [WSJ]
Multi Currencies v the Dollar
Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm.
"Money in Motion Currency Trading" repeats on Saturdays at 7pm.