Keystone
The Swiss franc proved to be a safe haven in today’s turbulent early hours, marked by a new retaliatory attack in the Middle East, this time by Israel on Iran.
However, other currencies regained ground later, when the markets calmed down.
The dollar is currently trading at 0.9088 francs, after falling to 0.9012 overnight. A trend similar to that of the euro, in the early afternoon valued at 0.9677 francs, recovering after the plunge but not yet at the levels of last night, when it was comfortably above 0.97.
The Swiss franc has therefore confirmed its stability once again, proving to be a safe haven asset to rely on in times of conflict and uncertainty. Historically, it is also the dollar itself that can boast of this denomination, compared to which the euro has in fact suffered. After falling to 1.0611 dollars, the single currency nevertheless recovered quickly and is now at 1.0645.
bt, ats
