Risk aversion was in the driving seat last week as investors rushed out from stocks and commodities on a couple of concerns. US stocks were shot down by President Obama’s bank proposal to limit risk taking by banks and doubt on Bernanke’s future as Fed chairman in the second term…. Read more… Technorati Tags: aversion, [...]
Risk aversion was in the driving seat last week as investors rushed out from stocks and commodities on a couple of concerns. US stocks were shot down by President Obama’s bank proposal to limit risk taking by banks and doubt on Bernanke’s future as Fed chairman in the second term…. Read more… Technorati Tags: aversion, [...]
This Friday’s shift in market sentiment allowed the U.S. dollar to post a weekly advance versus most of the main higher-yielding currencies, as risk aversion rose globally and traders opted by the relative safety provided by dollar-priced assets.(…)Read the rest of Dollar Profits From Global Economic Pessimism (157 words) Posted on Forex News. Read more… Technorati Tags: advance, dollar, economic, Forex, global, news, pessimism, post, profits, [...]
Euro was broadly pressured last week on growing concern of Greece’s large deficits and doubts over its sovereign creditworthiness, in particular after ECB Trichet made it clear that there will not be any special treatment to a signal member of the Eurozone. Yen rose against most major currencies on risk… Read more… Technorati Tags: Analysis, [...]
