Forex Trading: Concerns Regarding US Economy Boost Safe-Haven Currencies
Posted on November 08, 2012 at 03:09 AM EST
Concerns Regarding US Economy Boost Safe-Haven Currencies While riskier currencies and commodities received a significant boost after it was announced that Barack Obama had been reelected as US President, fears regarding the future of the US economy quickly resulted in investors shifting their funds back to safe-haven assets. Specifically, investors are worried about an impending [...]

Concerns Regarding US Economy Boost Safe-Haven Currencies
While riskier currencies and commodities received a significant boost after it was announced that Barack Obama had been reelected as US President, fears regarding the future of the US economy quickly resulted in investors shifting their funds back to safe-haven assets. Specifically, investors are worried about an impending deadline the US Congress has to agree to a budget before automatic spending cuts are triggered. Today, traders will … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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