Emerging Market Rout Spurs Safe Haven Bid in US Dollar - US Market Open Aug 10, 2018 9:28 pm +08:00 by Justin McQueen , Analyst Check out the brand new DailyFX trading forecasts for Q3 MARKET DEVELOPMENTS – USD BREACHES KEY RESISTANCE ON EM ROUT
Which is the true safe haven ? Gold or US$?!?!?! anyway it doesn't bother me because I don't read such news seriously ________________ The 'Safe Haven' U.S. Dollar: Keeping US Interest Low With Fleeing International Monies Aug. 10, 2018 5:26 PM ET John M. Mason Banks, long-term horizon (8,717 followers) Summary Things are not going well for Turkey and this fact is being reflected in international currency markets and in "safe haven" bond yields. Once again, the flow of "risk averse" funds into the United States is not only strengthening the value of the dollar but it is lowering longer-term interest rates. This is a very clear example of how these international flows have kept US interest rates so low for the past seven to eight years.