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Daily Report: Dollar and Yen Climbs on Risk Aversion, Euro Pressured, US GDP and EZ C - forex fx daily current outlook

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Old 01-30-2009, 07:21 AM
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Join Date: Sep 2008
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Default Daily Report: Dollar and Yen Climbs on Risk Aversion, Euro Pressured, US GDP and EZ C

The forex markets are dominated by risk aversion and Euro selling in the past 24 hours. Yen crosses are mostly higher as Nikkei dropped more than -3% following -2.7% decline in DOW yesterday. Note that DOW has already tested mentioned 8367 resistance earlier this week and is now facing tough...

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