Safe Havens Soar, Downdraft Down Under
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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]
Some surprising currencies are holding up in the market tumult. Think Paraguay's guarani. [FT]
Multi Currencies v the Dollar
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The Swiss franc and yen are flying high as investors bail out of riskier currencies — it's time for your Tuesday FX Fix.
