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Dollar and Yen Gain as Investors Liquidate Risky Assets

Discussion in 'Fundamental Analysis' started by ActionForex.com, Sep 5, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar rose against most key currencies in volatile trading Friday despite the eight straight monthly job losses and unemployment rate at a 5-year high increasing risks of a worsening US economic slowdown. The dollar and yen were supported by sell-offs in asset and commodity markets as investors liquidated risky...

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