Forex Rating Investments

Monday, March 9, 2009

Forex - Asian Session - Relationship between USD Strength and Risk Aversion Weakens

Forex - Asian Session - Relationship between USD Strength and Risk Aversion Weakens


G10 Advancers and Decliners vs USD
EUR-0.31
CHF-0.53
JPY-0.74
GBP-0.78
The Usd started this trading week with a slightly bullish tone. Asian regional equity are lower after a tough week for global equity markets. The EurUsd traded down from 1.2728 to 1.2614, while the UsdJpy, in choppy trading, jumped between 97.90 and 98.54. US treasury yields rose in spite of falling inflation, suggesting demand for higher risk premium. Gold and Crude continue to rally, as markets...

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