safe-haven
2 stories
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worldSwiss National Bank Sells Francs to Cap Surge Triggered by Iran Strikes
The Swiss National Bank intervenes in currency markets, selling francs to protect exporters from a safe-haven rally driven by US-Israeli strikes on Iran.
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financeDollar Hits 13-Month High, Yen Nears 1986 Lows on Rate Hike Bets, Tech Rout
The U.S. dollar index surged to its strongest since May 2025, driven by a tech stock sell-off and rising Fed rate hike expectations. The yen weakened to a two-year low, with Japanese officials' verbal intervention failing to halt the slide.