Risk Is Out, Safe Havens Are In


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]


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