Yen, Swiss franc surge

DeepSeek worries drive yen and Swiss franc higher, dollar drops
The Japanese yen and the Swiss franc gained while the U.S. dollar fell against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Yen, Swiss franc surge as DeepSeek fears hit risk appetite
NEW YORK >> The yen and the Swiss franc gained against major currencies today amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Yen and Swiss franc gain amid risk-off sentiment
The forex market's main safety plays are in demand. The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018.
Yen and Swiss franc jump as investors rush to safe-haven assets
The yen and Swiss franc jumped against major currencies on Monday in a rush for safe-haven assets as tech stocks plunged, with investors weighing the implications of a Chinese startup launching a free open-source artificial intelligence model.
Swiss Franc, Japanese Yen Rise as DeepSeek News Boosts Safe Havens
The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
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