Posts Tagged ‘ yielding ’
Currencies and equities fell steeply today on renewed concerns about the global recovery. Predictably, the U.S. dollar, Japanese Yen and Swiss Franc were big winners in today’s move as investors fled into the safety of low yielding currencies. Although a number of reasons contributed to sell-off, the main concerns still rest in Europe [ READ MORE ]
A full-fledged meltdown in the forex markets is the best way to describe today’s price action as investors sought safety in the low yielding U.S. dollar. The greenback rose against every major currency except for the Japanese Yen which further indicates that risk aversion is behind today’s strong demand for dollars. Do not [ READ MORE ]
Over the past few weeks, the Australian dollar has fallen victim to the same pressures as the other high yielding currencies. Risk aversion along with demand for U.S. dollars has pushed the AUD/USD below 90 cents. However on the eve of the Reserve Bank of Australia’s monetary decision, currency traders are buying Aussies [ READ MORE ]
Fundamentals are finally catching up to the U.S. dollar with foreign investors bailing out of the greenback following Friday’s abysmal non-farm payrolls report. An improvement in risk appetite is contributing to the rally in the euro and other high yielding currencies but the positive sentiment once again stems from China and not the U.S.. [ READ MORE ]
On a day when bond yields increased, U.S. stocks ended mildly positive and the dollar strengthened against the Japanese Yen, the greenback’s weakness against other major currencies reflects the positive risk appetite in the financial markets. For example, the Australian dollar’s ability to climb to the highest level against the buck in more than [ READ MORE ]
Investors flocked into the safety of low yielding assets after the news over the Thanksgiving holiday that Dubai-World, a major property developer requested to delay its payment due on December 14th. [ READ MORE ]
The price action across the financial market suggests that investors were unfazed by the surprisingly weak U.S. non-farm payrolls report. The dollar ended the day higher against the Japanese Yen and lower against most of the high yielding currencies. Equities recovered nearly all of initial losses to end the day only slightly lower. [ READ MORE ]
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