Category: Safehaven
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Bitcoin Remains The ‘Strongest-Performing Asset’ Over 2 Years: A Safe-Haven Shift?
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Bitcoin’s wild fluctuations have kept the market on the edge of the abyss, where the fluctuation is still the standard for encryption traders. This week alone, BTC rose from 97 thousand dollars on Monday to the top of 106 thousand dollars yesterday before settling about 102 thousand dollars. Investors are…
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Dollar benefits from safe-haven status amid Middle East turmoil By Investing.com
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Investing.com – The US dollar rose on Wednesday, with the safe haven adding to sharp gains made in the previous session, as an Iranian missile attack on Israel escalated tensions in the volatile region. At 03:45 EST (07:45 GMT), the dollar index, which tracks the US currency against a basket…
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Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test By Reuters
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By Kevin Buckland TOKYO (Reuters) – The safe-haven Japanese yen rose on Wednesday while riskier currencies such as the Australian dollar and the British pound fell as traders rushed to take on risk after the worst sell-off in nearly a month on Wall Street and heavy losses in Asian shares.…
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Dollar sees safe-haven gains; sliding yen stays on intervention watch By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The dollar rose on Monday amid safe-haven demand following the assassination attempt on former U.S. President Donald Trump, leaving the yen struggling to survive despite suspected intervention efforts by Tokyo. Trading was thin in Asia due to a holiday in Japan, although news…