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Investors rushed into the Swiss franc and Japanese yen – long seen as safe-haven currencies – on Friday after reports said Israel had attacked Iran in the latest tit-for-tat (Bloomberg)Oil rose to the highest level in a week and the dollar declined after CNN reported that new US intelligence suggested Israel is preparing for a Currency markets settled into an uneasy calm on Friday after the Swiss franc and Japanese yen jumped on reports that Israel had attacked Iran in the latest tit-for-tat The euro fell versus the Japanese currency, down 0.1% at 161.45 yen, while the Swiss franc tumbled 0.7% to 169.97 yen. Investors rush into the Swiss franc and Japanese yen “long seen as safe-haven currencies” after Israel attacked Iran in the latest tit-for-tat exchange between the two A wave of risk aversion swept over markets on Friday and sent investors chasing after traditional safety assets such as the Swiss franc and the yen following reports NEW YORK (Reuters) -The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signaled it has no plans to retaliate against Israel, which

US Dollar, Swiss Franc, Japanese Yen: Market Reaction to Israel-Iran Tensions

Financial markets experienced volatility on Friday following reports of an Israeli attack on Iran, triggering a flight to safety. Investors rushed into the Swiss franc and Japanese yen – long seen as safe-haven currencies – on Friday after reports said Israel had attacked Iran in the latest tit-for-tat (Bloomberg). This initial surge impacted currency valuations globally.

Safe-Haven Currencies Surge, Then Pare Gains

A wave of risk aversion swept over markets on Friday and sent investors chasing after traditional safety assets such as the Swiss franc and the yen following reports. The initial reaction saw significant gains for both the Swiss franc and the Japanese yen as investors sought refuge amidst the heightened geopolitical uncertainty. Oil rose to the highest level in a week and the dollar declined after CNN reported that new US intelligence suggested Israel is preparing for a.

Uneasy Calm Settles, Dollar Fluctuates

Currency markets settled into an uneasy calm on Friday after the Swiss franc and Japanese yen jumped on reports that Israel had attacked Iran in the latest tit-for-tat. NEW YORK (Reuters) -The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signaled it has no plans to retaliate against Israel, which led to some retracement of earlier gains. The US dollar experienced fluctuations as a result of the risk-off sentiment and subsequent recovery.

Euro and Yen: Intra-Day Movements

The euro fell versus the Japanese currency, down 0.1% at 161.45 yen, while the Swiss franc tumbled 0.7% to 169.97 yen. Investors rush into the Swiss franc and Japanese yen “long seen as safe-haven currencies” after Israel attacked Iran in the latest tit-for-tat exchange between the two. These movements highlight the complex interplay of factors influencing currency valuations during times of geopolitical stress.

Impact on US Dollar

While the initial reaction saw a decline in the US dollar, the subsequent paring of gains by the Swiss franc and Japanese yen suggests a more nuanced picture. The dollar's performance remains tied to broader market sentiment and expectations regarding further escalation or de-escalation of tensions between Israel and Iran. Stay updated on the latest market analysis for continued insights into the US dollar's trajectory.

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