Dollar and Yen Soared as Worry on Sovereign Risk Intensified
Markets were pretty steady last week until concern of Greece deficit contagion across Europe intensified on Thursday and rocked financial markets around the world. Credit-default swaps on the debt of Greece, Spain and Portugal rose to record highs today amid concern that European [...]
Posts Tagged ‘markets’
Weekly Review and Outlook: Dollar and Yen Soared as Worry on Sovereign Risk Intensified
February 7th, 2010 
admin Forex – At The Apex Of A W-Shaped Recession?
February 6th, 2010 admin The collapse in risk sentiment over the past 24 hours has been triggered by seemingly innocuous events, with most news agencies pointing to concerns of sovereign debt woes in Spain and Portugal adding to the well-publicized situation in Greece. Others have also highlighted yesterday’s disappointingly high US claims figures which have certainly knocked optimism for [...]
Posted in Forex Trading 
Tags: financial markets, markets, payrolls, recessions, recovery trade, US economy, US unemployment 
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