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06/02/08 - Daily Forex Market News from cmsfx.com

Discussion in 'Forex Videos' started by cmsforex, Jun 2, 2008.

  1. cmsforex

    cmsforex Contributing Member

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    UK Financials Cause Return of Risk Aversion Boosting Yen and Franc
    Monday, June 2nd, 2008

    [YOUTUBE]http://www.youtube.com/watch?v=KnbOdnXTWRg[/YOUTUBE]

    Carry trade sentiments took center stage in the markets today as concerns about credit markets hit European financials and extending into weak performance in US stocks. The Yen and Franc gained at the expense of the Pound, Dollar and commodity bloc of currencies.
     
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