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Home World Asia Pacific

Safe-haven yen, Swiss franc soar as US slowdown fears flare

1 August 2024
in Asia Pacific
Safe-haven yen, Swiss franc soar as US slowdown fears flare
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The safe-haven yen and Swiss franc have surged in value as concerns about a potential economic slowdown in the US intensify. Investors are turning to these traditional safe assets amid fears of a weakening US economy. This flight to safety has led to a significant increase in demand for the yen and Swiss franc, driving their value higher in the foreign exchange market.

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Tags: FearsflarefrancSafehavenslowdownsoarSwissYen
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