U.S., Swiss Franc Still True Safe Havens, Says JPMorgan’s Cavenagh

The video discusses market concerns over the phase one trade agreement and the situation in Hong Kong, focusing on safe haven currencies like the yen, dollar, and Swiss franc. It highlights the resilience of the dollar-yen pair despite global economic headwinds and the ongoing US-China trade conflict. The video also covers the escalating tensions in Hong Kong and their impact on US-China relations, with a focus on the economic implications and potential trade deals. The preferred strategy for dealing with the uncertainty in the market is through options rather than cash trades.

In what ways might the economic slowdown affect the currency market?

What strategies are suggested for expressing views on the Chinese currency given current uncertainties?