SubscribeAsian Session – Yen charges ahead as risk aversion creeps back into markets, Australia cheats recession.
June 3rd, 2009 • Related • Filed Under
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The Australian dollar and Japanese Yen traded higher in the Asian session as resurfacing fears that a U.S led recovery to the global economy would take much longer than the recent accrue in optimism has led markets to believe. The Yen’s haven status shone through as it gained against 13 of the 16 majors. The other great FX performance was the Aussie dollar – which is 35% higher than it’s 52-week… | ||||||||||||||||||||
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