Tag: safe haven

safe haven

Bitcoin: Short Term Spurious Correlation or a Proper Safe Haven?

Chris Wittenborn, director of business development for Velocity Markets, analyses whether or not Bitcoin can really be considered as a safe haven asset. As the new year dawned, war tensions jumped and investors turned to “safe havens” to protect assets and find speculative alpha. During this time, gold – the traditional port in a storm […]

Chinese RMB Not a Safe Haven Currency, Study Finds

The Chinese offshore convertible renminbi cannot currently be considered a safe haven currency, and neither does it appear to be on the path of becoming one, a study published by the Federal Reserve Bank of Dallas suggests. The study analyses the trends of the RMB against a set of currencies typically considered “safe haven” ones: […]