Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that th...
Tag: SafeHaven
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists – Finance Bitcoin News
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been corr...
Gold price outlook as safe-haven appeal offsets rate hike bets
Gold price has held steady after the FOMC meeting minutes. Granted, higher Treasury yield have continued to curb its upward potential. Nonetheless, it is finding support in the Russia-Ukraine war and ...
Has the Japanese yen lost its safe-haven status?
The Japanese yen has been the worst-performing currency in the developed world. The USD/JPY pair is hovering near its highest level since August 2015. If the bullish trend continues, it will be at the...
A Surge in Energy Prices Raises Dollar Value, Prompting Safe-Haven Flows
As the United States of America, along with Europe and its allies, plans to ban the import of crude oil from Russia, investors have begun to weigh its impact on the global economy. As it turns out, th...
Top 4 safe-haven currencies to buy as the VIX surges
Global volatility has risen well in the past few months. As a result, the CBOE volatility index has jumped to the highest level since January because of the ongoing crisis in Europe. Here are the top ...
InvestAnswers investigating whether BTC is still a safe-haven asset
InvestAnswers deciding whether Bitcoin still constitutes as a safe-haven Bitcoin has managed to outpace gold since the start of the Russia-Ukraine conflict Gold rallied roughly 3%-4% Famous cryp...
Is Bitcoin a Failed Safe-Haven Asset? InvestAnswers Looks at Performance of BTC Against Gold
A closely followed crypto analyst is comparing the performance of Bitcoin (BTC) and gold in response to views that the precious metal fares better than the flagship cryptocurrency as a safe haven asse...
industrial and safe-haven demand to sustain breakout
Silver price is trading at August 2021’s level as a reaction to the Russian attack on Ukraine. Forecasts of higher industrial demand for the metal is also set to sustain its uptrend in coming months. ...