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

U.S. Dollar Lower Against Yen as Investors Reposition for Yen Slide

The U.S. Dollar edged slightly lower against the Japanese Yen in Tokyo trading as investors pared away their carry trade positions, but most analysts expect that move will be short-lived with hedge fund operators and Japan-based life insurers positioning themselves ahead of what is likely to be another Yen slide.

Investors Shun Safe Havens, Sending Dollar Index to 3-Year Low

Whetted investor risk appetite has pushed the U.S. Dollar Index to its lowest point in 3 years, and analysts expect that further decline in the index is likely.