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.
Swiss Franc, Japanese Yen Rise as DeepSeek News Boosts Safe Havens
Swiss franc and Japanese yen rise as investors seek safe havens after Chinese start-up DeepSeek's new artificial intelligence model cast doubts over America's dominance in the industry and hit U.S. tech stocks.
Yen and Swiss franc jump, dollar drops as DeepSeek concerns drain risk appetite
The Japanese yen and the Swiss franc gained 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.
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