Thread: Black week for World Stocks, Shiny week for Dollar against FX
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Old 10-10-2008, 06:59 AM
Clever111 Clever111 is offline
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Join Date: Oct 2007
Posts: 34
Exclamation Black week for World Stocks, Shiny week for Dollar against FX
Hi traders! This week has been a total disaster for World Stocks, but oddly enough, if you are trading Dollars then this week has been totally yours.

The yen fell as investors bought as their risk appetite grew after central bank rate cuts. Sterling fell against the dollar and the euro as markets digested the co-ordinated interest rate cuts. The Japanese currency fell 1.6 per cent against the US dollar to Y100.71.

Cheers, have a happy weekend!

Clever111
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