Safe-haven currencies may no longer offer the same security after a turbulent year. Discover how investors are reassessing the Swiss franc, US dollar, and yen.
Shifting Trends in Safe-Haven Currencies
Traditionally, when investors think of safe-haven currencies, the U.S. dollar, Swiss franc, and Japanese yen come to mind. These currencies have long been considered reliable stores of value during times of global uncertainty or economic instability. However, recent developments have challenged this perception, as these currencies themselves have become more volatile.
Throughout 2025 and into 2026, both the dollar and the yen experienced significant declines. While the Swiss franc appreciated, this posed difficulties for Switzerland, which depends on exports and maintains very low inflation. Meanwhile, U.S. President Donald Trump’s introduction of tariffs in 2025 disrupted international trade, triggering a wave of selling in American assets and fueling a “sell America” trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The most urgent bottleneck for AI now: cheap capital is running dry!
Why UnitedHealth Stock Can Still Gain After This Year's 24% Rally -- Barrons.com
2008 Redux! An Overview of Wall Street’s Hottest Trade: AI CDS
As AI giants are aggressively spending money to expand, the credit market has sounded the alarm. The CDS spreads of chip manufacturers such as Broadcom and Nvidia have surged by over 170% in the past six months. Although ten core AI companies, including Google and Amazon, account for only 8% of the investment-grade index constituents, they bear 16% of the implied credit risk. Chip manufacturers are transforming from technology companies into "concentrated lending institutions," with CDS trading volume increasing by more than 1900% year-over-year.
Crypto prices
More
