FOREX becoming new playground for bond traders

Financial Times/Eva Szalay and Tommy Stubbington

photo image of various currencies rolled and rubberbanded“Investors now face not only the prospect of near-zero or negative returns from the safest debt, but also a collapse in volatility that has frustrated short-term bets.”

USAGOLD note:  One investment strategist quoted in this interesting article said his firm was placing bets on a higher Japanese yen and Swiss franc as an alternative to trading the bond market. Along with gold, those two currencies are generally considered safe-haven plays and for good reasons. This might not be the kind of attention they wish to attract.

Repost from 9-14-2020

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