(Bloomberg) -- The Swiss franc weakened to briefly reach parity with the greenback for the first time since late 2019, as the dollar’s role as the preferred haven trade grows amid turmoil in global markets.Most Read from BloombergSony PlayStation Staff Fume Over CEO’s Abortion CommentsCrypto Billionaires’ Vast Fortunes Are Destroyed in WeeksMore Than $200 Billion Wiped Off Cryptocurrency Market in a DayNike Escalates StockX Feud, Says Site Is Selling Fake ShoesStocks End Almost Flat After Suffer
Newcomers must learn the unique language and dynamics of the forex market to beat the odds and become successful currency traders. What is the forex market? Why is it a great market to trade? What is a currency pair and how it is read? What are the major terms and concepts that forex traders need to learn?
Sterling came under pressure as the escalation of fighting in Ukraine and the prospect of a Russian energy embargo fuels worries that the war could push up inflation and dent global growth.