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Yen and Greenback Gain on Increased Risk Aversion

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 10, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar and yen gained on Friday after US payrolls fell over 500K for a second consecutive month. Greenback's gain may relate to the relief that although December's job losses were 524K and the total decline was 2.6 million jobs in 2008, some pundits had estimated the job losses significantly...

    complete article here...

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