Not all safe-haven roads lead to the US dollar
This week Derek Halpenny, Head of Research Global Markets EMEA and International Securities talks to Abdul-Ahad Lockhart, currency analyst, about safe-havens in the FX market. What determines safe-haven currencies and what other factors need to be considered in anticipating currency performance during a bout of risk-off? Derek argues that while the US dollar is the obvious safe-haven choice in the FX markets there are scenarios when that might not be the case and other currencies could take precedence.