Investor Concern Causes a Move Back to Dollars
Posted on April 08, 2010 at 10:15 AM EDT
The dollar moved higher throughout the trading day, and the rally continued in overnight trading. Just about all of the major currencies were down, with the Singapore dollar (SGD) and Japanese yen (JPY) the only two that saw a positive return versus the greenback. This would indicate that Wednesday was a ‘risk off’ day, as [...] Investor Concern Causes a Move Back to Dollars originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day." Check out our new special report Invest in Agriculture