U.S. strike in Iraq lifts yen; grim U.S. factory data knock dollar

U.S. strike in Iraq lifts yen; grim U.S. factory data knock dollar

January 3, 2020

“Overall, geopolitical risk premia have risen substantially overnight. You’re looking at inflows into the U.S. dollar, Swiss franc, Japanese yen – investors really looking for safe havens and a port in the storm,” said Karl Schamotta, chief market strategist at Cambridge Global Payments.

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