Strong risk-aversion keeps equities lower, Gold jumps to record $1869

Article Image Source: Advanced Currency Markets |

G10 Advancers and Decliners vs USD
CHF 0.29
JPY 0.03
GBP -0.02
EUR -0.36
Weak economic reports from the US has kept markets in the red as Dollar, Yen, Franc gain against most currencies and Gold reached new records. The currencies advanced as stocks extended a worldwide rout amid speculation European banks lack sufficient capital, boosting demand for safer assets. Fed’s Dudley said yesterday that the central bank always keeps an eye on the performance of U.S. and…

Read More …


More on this topic (What's this?) Read more on Gold at Wikinvest

This post is over 2 years old. Sometimes images and links no longer work since they are from other sites. We have no control over these sites and we are sorry for this if it makes harder to understand the article.

Latest Articles


Comments are closed.