Jon Steeler Posted March 2, 2020 Share Posted March 2, 2020 What are peoples thoughts on the Euro now being a safe haven currency? Quote Link to comment Share on other sites More sharing options...
0 Sam Farrah Posted March 3, 2020 Share Posted March 3, 2020 It seems it is now a safe haven currency due to its low interest rates and it being used as a funding trade. We have seen this in the recent selling of risk assets. The euro was flying high with the EURGBP trading around the 0.87 level and the EURUSD reaching a high of around 1.11. I think going forward in times of risk off, we now have to consider the euro as a safe haven and look for buying opportunities. Quote Link to comment Share on other sites More sharing options...
Question
Jon Steeler
What are peoples thoughts on the Euro now being a safe haven currency?
Link to comment
Share on other sites
1 answer to this question
Recommended Posts
Join the conversation
You can post now and register later. To reply to this question, sign in or create a new account.