Safe heavens gain on virus variant fears

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Source: Dukascopy Bank SA
The Japanese yen and the Swiss franc surged on Friday over the news about a new variant of COVID-19 potentially resistant to current vaccines. The yen leapt as much as 0.56% to 114.68 per dollar, and the Swiss Franc hit a six-year high against the euro jumping as high as 1.0433 per euro.

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