Several central banks are eager to lower the value of their currencies, with those in Japan and Switzerland, the classic safe havens, standing out. So, are there new safe havens. Is anything safe?
Simon Smith of FxPro hosted a discussion about this topic with Michael Derks (FxPro), Gonçalo Moreira (FXStreet) and myself. In search for safe havens, the debate touched also the Aussie, gold and the Swedish Krona.
Further reading: Japanese Yen – Threats Don’t Work. Not Yet.