posted by
FXTimes
611 days ago
in USD, EUR, Sentiment
made popular 611 days ago
Currency markets continue to exhibit strong risk off preference in today's trading, as the Japanese yen and US dollar gained against their higher-yielding rivals. Those currencies that are most tied to cyclical growth fluctuations - AUD, NZD, CAD - suffered as traders and investors fretted about the possibility of another global recession.