Did someone mention contagion ?

Or is this just a Ukraine/Russia thing going on. Either way it’s not going away any time soon but no great safe-haven plays this morning so far..

I expect CHF to stay in demand though while these troubles continue

Russian central bank already raised the 7 big figure floating corridor to 35.12-42.1 earlier this morning so no need to intervene just yet in theory but I would guess they are “smoothing”