SearchDollar Benefits from Risk Aversion12th February 2008 As talk and evidence of a US economic recession builds, the Dollar has witnessed a slight upswing. How to explain these seemingly contradictory trends? The rationale is surprisingly simple. While a US recession would predictably hit the US harder than other countries, it would still hamper growth ...  This article is courtesy of Forex Blog Daily Report: Euro Retreats Mildly ahead of German Ifo, FOMC Minutes Eyed | Mid-Day Report: Yen Retreats Sharply after Fed Steps in with 50bps Discount Rate Cut | Mid-Day Report: EUR/USD Still Pressing 1.39 Level, Losing Momentum 
Categories: Forex News |
|
||||
