The dollar is up for a fourth consecutive day, and the yen also gained in lockstep versus other currencie. The biggest losers were the dollar bloc and other commodity-correlating currencies, along with many developing world currencies, in what is a classic risk-off positioning pattern. Global stock markets and commodity prices tumbled again, with yesterday’s rebound proving to be short lived. Incoming September data, including out of the U.S.

For more info about this post:

View Source

close

Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Rate an article for points!

Leave a Reply

Your email address will not be published. Required fields are marked *