What Are Safe Haven Currencies?
In the current super-charged geopolitical crisis, traders will be on the lookout for which currencies are acting the follows and acting as safe havens.One way to identify safe havens is to get access to The Amazing Trader and its proprietary trading lines. Another way is to tune into the Global-Vire Forex Forum and see what traders are saying.It is also important to distinguish between safe haven flows and repatriations back home during times of crisis.What are safe haven currencies?Safe haven currencies are currencies that investors typically seek to buy during times of economic uncertainty or geopolitical instability because they are considered to be relatively stable and less risky compared to other currencies. These
Leave a Comment