Safe-haven demand boosts CHF, JPY, gold and bonds, Wall Street deep in red.
USD/CHF drops from three-week highs to one-week lows during a few hours.
The USD/CHF has the worst performance in 3 weeks amid risk aversion. Earlier these days the combine peaked at zero.9876, the strongest level since early August and so reversed dramatically, falling one hundred fifty pips from the highest. to date it's been unable to search out support and as of writing trades at zero.9742, at very cheap level since last Th.
Swiss franc among high performers
The increase in trade tensions between the America and China triggered a sell-off in Wall Street and a rally bound. Still, market participants look the response folks President Trump to the announcement of a rise in Chinese tariffs to America merchandise.
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