BUZZ-FX flows reflect a mood to seek safety

* Assets considered safe are rising * Gold has gained $158/oz in 8 days * EUR has sunk to a 2024 low versus USD and GBP to six-month low * While USD gaining so is CHF and even JPY has rallied modestly * JPY gains likely due to paring of yen funded carry trades * FX traders may need to prepare for trade war urn:newsml:reuters.com:*:nL1N3MS09P * Swiss franc may be on cusp of significant rise urn:newsml:reuters.com:*:nL1N3MQ091 * <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Safe assets boom https://tmsnrt.rs/4eYfZs5 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Jeremy Boulton is a Reuters market analyst. The views expressed are his own) (([email protected]))