|
|||||||
| The Analyst Arena Technical and fundamental analysis from various sources. Here you can get different perspectives on the markets through the eyes of different analysts. Also, go to the School of Pipsology and find out what kind of trader you are. |
 |
|
|
LinkBack | Thread Tools | Display Modes |
08-17-2009, 03:06 AM
|
|||
|
|||
Forexyard Analysis - USD Recovers on Friday's U.S Consumer Sentiment Depreciation
The U.S. dollar gained versus the EUR but extended losses against the Japanese yen on Friday after the U.S. consumer sentiment index unexpectedly declined in early August. The data pushed U.S. stocks lower, aiding the Dollar which has tended for months to move in the opposite direction as equities as investors' willingness to buy riskier assets fluctuates. Traders said that the risk aversion is back with the U.S dollar strengthening against the EUR and British pound but weakening against the Japanese yen.
Read the complete in depth forex analysis of today at our forex news center 
Last edited by fxyard1; 08-17-2009 at 03:23 AM. 
|
|
| Tags |
| forex analysis, forex news |
| Thread Tools | |
| Display Modes | |
|
|
Linear Mode
