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A staff member counts Singapore dollar currency notes at Raffles Place financial business district in Singapore on October 6, 2022. Roslan Rahman | Afp | Getty Images In times of uncertainty, investors turn to safe-haven assets — gold, Treasuries as well as currencies such as the Japanese yen, U.S. dollar and the Swiss franc. These … Read more
A wild week in financial markets ended appropriately with a seesaw trading session Friday as U.S. stock indexes finished with strong gains. Meanwhile, investors continued to flee what had historically been safe-haven assets—namely the dollar and Treasury bonds—and piled further into gold, which saw prices hit fresh highs. After going back and forth between positive … Read more
Nora Carol Photography | Moment | Getty Images The recent strengthening of the greenback could both benefit and hurt Europe, analysts say, with market watchers anticipating further weakening of the bloc’s major currencies in 2025 as President-elect Donald Trump takes office in the U.S. and economic uncertainty persists. The U.S. dollar index — which measures the greenback … Read more
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