The last few days have seen big swings in the global stock markets. During such volatile times, investors often shift their assets to what are called safe-haven currencies, traditionally the Japanese yen or Swiss franc. Why does that happen, and is now a good moment for safe havens? Click the audio player above to hear […]
There’s been a little dip in the bitcoin market this week. The cryptocurrency has dropped about 10 percent against the dollar. Of course, that’s in the face of a 1,700 percent rise in the past year, so those tulip bulb analogies still apply. Speculators, however, (investors, if you prefer) are just one side of the […]
Until yesterday, stocks seemed pretty immune to the noise out of Washington. But the dollar? Different story. The past week has not been kind to the U.S. currency. It’s at a seven-month low, in fact. Here’s why the dollar is so sensitive to the news. Click the audio player above to hear the full story.
