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Swiss franc, Japanese yen Rise as DeepSeek News Boosts Safe Havens

Monday, January 27, 2025


Title: Swiss franc, Japanese yen gain against dollar following DeepSeek AI model release

Summary: The yen and Swiss franc strengthened against the dollar after Chinese start-up DeepSeek released a new AI model. U.S. technology stocks declined following the announcement.

Original reporting: https://www.wsj.com/articles/safe-haven-currencies-strengthen-amid-fears-over-global-tariffs-9964e17a?mod=rss_markets_main

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