The Brazilian currency posted the second straight week of losses versus the U.S. dollars and several other currencies as risk aversion was predominant in this week’s session forcing investors back to safer bets in refuge currencies like the yen and the Swiss franc.(…)Read the rest of Brazilian Real Falls Further on Risk Aversion, Currency Outlook (149 words)
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Posted in Forex | Tagged aversion, brazilian, currency, falls, further, on, outlook, real, risk
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The British Pound bounced back during the European trade and rose to a high of 1.6251 on Friday following the rise in risk appetite, and the currency may continue to hold a narrow range as market liquidity thins going into the weekend.
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Posted in Forex | Tagged appetite, british, consolidate, euro, following, in, pound, rise, risk, the
The past two weeks have been extraordinary ones for the markets and underlying sentiment. It had seemed that the thin liquidity through the US Thanksgiving holiday combined with fear born from a potential credit crisis emanating from the Middle East would trigger the first serious correction in risk appetite since the capital markets began appreciating [...]
Posted in Forex | Tagged a, all, appetite, catalyst, collapse, is, needed, of, on, risk, That, the, verge
The Canadian currency, which started the week rallying majorly versus its U.S. counterpart, was one of the worst performers today as commodities and stocks faltered, influencing negatively the outlook for the loonie and other currencies from commodity exporter nations.(…)Read the rest of Canadian Currency Tumbles on Risk Aversion (159 words)
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Posted in Forex | Tagged aversion, canadian, currency, on, risk, tumbles
