1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

US Dollar: Can the Greenback Hold On To Its Gains Next Week?

Discussion in 'Fundamental Analysis' started by ActionForex.com, Oct 25, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Joined:
    Dec 24, 2007
    Messages:
    2,465
    Likes Received:
    0
    The US dollar and Treasuries surged on Friday as deleveraging led funds to flow away from stocks, commodities, and carry trades into safe-haven assets. Indeed, recession concerns weighed heavily on risk appetite, and the nearly 10 percent drop in Japan's Nikkei 225 index triggered pronounced fears of similar declines in...

    complete article here...
     
Loading...

Share This Page