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The Silver Lining in the US Debt Downgrade Business Insider There was what is known on Wall Street as "flight to quality." Gold went over $1750 per ounce, the Swiss franc—always dull but very stable—went through the roof against every other major currency in the world—and guess what? Yields on treasury bills ... See all stories on this topic » | ||
The Return of Currency Wars? Wall Street Journal The Swiss and Japanese authorities are grappling with the foreign-exchange markets to try to halt the relentless appreciation of the franc and the yen, both of which have been boosted by a flight to safety. But history suggests unilateral intervention ... See all stories on this topic » | ||
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