EU focus: Swiss franc hits record on haven appeal
24.02.2011, 11:50

EU focus: Swiss franc hits record on haven appeal

Demand for havens drove the Swiss franc to a record high against the dollar as crude prices surged in the wake of the latest wave of violence to strike North African oil producer Libya.

As global equity markets resumed their sell off, with many extending losses into a fourth-consecutive session, investors sought safety, hurting the currencies of emerging markets and boosting the likes of the Swiss franc and Japan’s yen.
“The traditional safe haven currencies of the yen and the Swiss franc are currently outperforming as fears build that escalating social and political tensions in Africa and the Middle East will lead to a significant supply-driven oil price shock dealing a sizeable negative blow to global growth,” said Lee Hardman at Bank of Tokyo Mitsubishi UFJ.
The Swiss franc last peaked against the dollar and the euro in late December when the market’s predominant concern was eurozone sovereign debt.
Although the euro has since recovered some ground, on Thursday the Swiss franc climbed to a new record versus the dollar.
The US currency fell to a low of SFr0.9238 and by mid-morning in London.
Dollar weakness may have been prompted, analysts said, by an International Monetary Fund report that suggested the lack of fiscal tightening measures in the US increased the risk of higher borrowing costs, which could hurt global growth.
Furthermore, the euro was helped by an economic sentiment survey that showed a rebound in confidence in February following a blip lower in January.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik