Greenback Rallies As Risky Assets Fall

The dollar rose on Monday as risk aversion increased. The US 10-year yield climbed above the 3.50% resistance while commodities and stocks declined. The SP 500 index fell 12.65 to 1,066.95. The dollar index rose, tentatively broke its downtrend and traded above the 76 handle for the first time in…

Source:Greenback Rallies As Risky Assets Fall

This entry was posted on Tuesday, October 27th, 2009 at 4:45 am and is filed under Forex Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.