BUZZ-Strong demand for safe assets evident in FX markets

* EUR, USD, JPY , CHF and gold in demand * AUD/JPY highly correlated with risk drops to lowest since Oct 1 * EUR/CHF close 0.9250 - move below would target return 0.8500 record low * EUR rebounds from 1.0332 low following rush to buy the safer dollar * The more invested in USD - less safe, and vice verse for euro * Currently little cash invested in yen which add to its appeal * Gold safer after big reduction of longs and only $140/bbl below record high * Donald Trump by far most important factor to influence FX * * <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ gold and betting https://tmsnrt.rs/3Va3Jh3 EURCHF https://tmsnrt.rs/410FNjJ ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Jeremy Boulton is a Reuters market analyst. The views expressed are his own) (([email protected]))