On Monday, the yen and the Swiss franc rose against the dollar as investors began to flock to what are called safe-haven currencies.
"Investors tend to move towards the yen, the franc, and other assets that are considered safe during times of financial market turmoil concerning economic growth or political tensions," according to analysts.
For instance, the yen rose by 0.2%, reaching 109.69 yen per dollar, while the franc strengthened by 0.1%, reaching 0.9202 francs per dollar.
