Since the credit crisis heated up several months ago, the theme of risk aversion has predominated in equity markets. This is also true in forex markets, where deleveraging and a shift to perceived investing "safe havens" has led to a collapse in the carry trade, leading to a sharp rally in both the Dollar and Yen. In fact, the recent rise of these two currencies has coincided remarkably with stiff declines in the prices of virtually every class of risky asset.

Read More: Currency Trading Markets Remain Highly Correlated to Dow Jones, Crude Oil Prices

Questo articolo è stato pubblicato Wednesday, 19 November 2008 alle 5:08 pm e classificato in English news, Finanza e mercati. Puoi seguire i commenti a questo articolo tramite il feed RSS 2.0. Non puoi né inviare commenti, né inviare trackback.