0723 GMT - The flight to safety in the FX markets spurred by U.S. tariffs continues to favor the JPY and CHF, ING's Economic and Financial Analysis Division says in a research report. The JPY and CHF are liquid currencies backed by countries with large current-account surpluses, say three members of the division. "The U.S. current-account deficit of 4% of GDP leaves the dollar vulnerable, unless this turns into a financial crisis," they say. Also, emerging-market and commodity currencies are likely to be hit hard by the tariffs, they add. USD/JPY is little changed at 145.44; USD/CHF slips 0.9% to 0.8470. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 07, 2025 03:23 ET (07:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。