Go Symbol Lookup
Loading...

Risk Is Out, Safe Havens Are In

 Text Size  
Published: Friday, 19 Aug 2011 | 8:26 AM ET
Kelley Holland By:

News Writer

Investors are looking for any safe haven in a storm — it's time for your FX Fix.

Safety is selling today, and the Swiss franc and yen are benefiting. [FT]

Investors are also on the hunt for new safe havens. [WSJ]

The euro followed European share prices sharply lower before recovering some ground.[Reuters]

Economic indicators from Britain aren't so hot, but the pound is holding up nicely. [economy-news.co.uk]

Global economic worries are weighing on the Australian and New Zealand dollars. [RTT]

Turkish officials, reversing course, would like the lira to appreciate. [CNBC]

MULTI CURRENCIES vs THE DOLLAR

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.

Talk back: Tell us what you want to hear about at moneyinmotion@cnbc.com.

 Print
Investors are looking for any safe haven in a storm — it's time for your FX Fix.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Community

  • Crosses. Pairs. The figure. What do these terms mean? Click on Key Currency Terms, and learn the essential vocabulary used every day in the $4 trillion dollar currency market.

  • Sign up for CNBC's Money In Motion Currency Trading Editions of Morning Brief and Evening Brief.