Wednesday, May 11, 2011

EUR, AUD and Other Higher-Yielders Fall, as Investors Scramble for Safety Amid Plunging Oil



The lull in risk aversion seen yesterday was broken today as we had renewed selling in commodity and equity markets. Last night, data from China showing the need for more tightening from the central bank weighed on commodities, and when more sovereign debt concerns crept up in the European session

Source: ActionForexall Rss Feed




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