The Swiss franc retreated today after jumping yesterday on risk aversion, but retained most of its gains. Additionally, the currency advanced versus the yen, against which it fell yesterday.
Risk Aversion — News Archive
Concerned Investors Buy Yen
May 23rd, 2013 at 9:36
The Japanese yen climbed today, posting the biggest gain against the euro in five weeks, as Chinese manufacturing and speculations about the future monetary policy of the US Federal Reserve made investors nervous and unwilling to risk.
Aussie Is Not Happy with Economic News
May 02nd, 2013 at 3:02
The Australian dollar fell today as signs of global economic slowdown made investors prefer safety to higher yield, resulting in lower demand for the currency.
Mexican Peso Suffers from Poor US Data
May 02nd, 2013 at 1:05
The Mexican peso fell as poor macroeconomic data from the United States led to concerns about Mexico’s economic growth and speculations that policy makers may cut interest rates. The currency gained versus the euro, paring the earlier losses.
CAD Reverses Losses vs. USD & JPY, Erases Gains vs. EUR
April 24th, 2013 at 19:45
The Canadian dollar was falling today against the US dollar and the Japanese yen, but pared losses and is hovering near the opening level right now. On the other hand, the currency erased its gains versus the euro.
Won Suffers from Global Economic Growth Concerns
April 18th, 2013 at 8:42
The South Korean won declined today as concerns about global economic slowdown made investors pull their capital away from riskier assets.
Euro Steady After Yesterday’s Drop
April 16th, 2013 at 0:52
The euro was steady today and even attempted to rally versus the US dollar. The currency sank yesterday against safe currencies after poor macroeconomic data from China and the United States spurred risk aversion on the Forex market.
Loonie Tumbles along with Commodities
April 15th, 2013 at 15:42
Commodities are taking a plunge today, and commodity currencies like the Canadian dollar are falling right along with them. Loonie is especially impacted by the drop in oil prices.
USD/JPY Fails to Breach 100 Level as Yen Advances
April 12th, 2013 at 23:43
The Japanese yen closed higher against other most-traded currencies, failing to breach the 100 per dollar level and trimming weekly losses, as Forex traders felt aversion to risk amid uncertainty about global economic growth. Concerns about the eurozone are returning and the US economy has its share of problems.
Yen Gains Despite Kuroda’s Talks About Intervention
March 28th, 2013 at 6:06
The Japanese yen gained today as worries about the situation in Europe overshadowed the talks of Bank of Japan Governor Haruhiko Kuroda about monetary easing and weakening the currency.
