Global Growth Slowdown Spark USD, JPY |
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9/11/2008 3:19 PM: EUR/$..1.3938 $/JPY..106.82 GBP/$..1.7510 $/CHF..1.1407 AUD/$..0.7987 $/CAD..1.0778 Global Growth Slowdown Spark USD, JPY The key gainers in the currency market for the Wednesday session were the yen and dollar, both advancing sharply amid heightened risk aversion over mounting fears for a global recessionary environment. Crude oil also slumped, falling to its lowest level in 8-months at $100.32 per barrel as traders continue to anticipate a slowdown in demand in the
Filed under: Fundamental
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