Dollar, Yen Surge as S&P Sinks Risky Assets with Greek Downgrade Threat

February 25, 2010 by admin 

The US Dollar and Japanese Yen advanced against major currencies after Standard & Poor’s said it may lower Greece’s credit rating again by the end of March, sparking flight from risky assets that is likely to carry into European trade.

Credit:
Dollar, Yen Surge as S&P Sinks Risky Assets with Greek Downgrade Threat

From DailyFX:

The US Dollar and Japanese Yen advanced against major currencies after Standard & Poor’s said it may lower Greece’s credit rating again by the end of March, sparking flight from risky assets that is likely to carry into European trade.

Continue here:
Dollar, Yen Surge as S&P Sinks Risky Assets with Greek Downgrade Threat

Here is an interesting post from

More here: Dollar, Yen Surge as S&P Sinks Risky Assets with Greek Downgrade Threat

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!





Sedo - Buy and Sell Domain Names and Websites project info: fxnewsdesk.com Statistics for project fxnewsdesk.com etracker® web controlling instead of log file analysis