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Daily Forex Snapshot: 11-21-2008
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| G10 Advancers and Decliners vs USD | | NZD | 0.29 |  |  | JPY | -0.56 | |
| The dollar rallied in today’s trading session, as the risk aversion overtook the marketplace. The EurUsd fell 35 pips to the mid 1.24 range, while the UsdJpy dropped 200 pips to the high 93 price area. The GbpUsd declined 225 pips to the low 1.47 level, as Traders selloff high yielding assets. Equity markets tanked in the US with the Dow down an additional 5.5% or 444pts to 7552. European stock... |
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Forex Alerts - 11-21-2008 :
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Still no alerts for today
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Daily Forex News & Commentary: 11-20-2008
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The Dollar slipped versus Yen on Wednesday, as worries grew about the ailing US auto industry and a record slide in US consumer prices fanned fears of a deeper recession. The euro weakened against the Dollar as worries about a worsening global slowdown prompted investors to reduce stocks and other risky assets for the safety of US Treasuries. Safe-haven capital flows have also benefited the Yen...
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