Stocks ran, Vix soared but Gold and CHF? Not much flight into the safety
The Dow was down close to 1600 points. The S&P was down over -120 points. That often leads to a flight into the relative safety of the CHF. What happened? The USDCHF fell to 0.9323. That was down over the last hour from about 0.9366. That is not a heck of a lot.
Gold? Surely it must have gotten a safe haven bid? Not really. The price is up about $4.50 The high reached $1341 and the current price is at $1337. At the London close the price was up $2.20 at $1335 (see closing levels around the London close HERE). So the price went up about $6.
It looks like a stock thing here folks.
