More from FXstreet.com

Forex Flash: Risk off as Boehner fails to deliver – Rabobank

By FXstreet.com,  December 21, 2012, 03:47:00 AM EDT

FXstreet.com (Barcelona) - Adrian Foster of Rabobank notes that clear risk off sentiment swept through markets after news broke suggesting the US Republicans don´t agree internally on what they should agree with the Democrats.

As the year heads to an end, Foster notes that the Euro is only up 1.5% on the Dollar. AUD is up 2.5%, NZD is up 6.8% and JPY down -8.3%. Looking at the yen, Foster comments, "That's relevant and shows that if you mis-manage your economy for long enough the market will take notice."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

Obama Orders Federal Aid to OK
Obama Orders Federal Aid to OK      
KFC Being Smuggled Into Gaza
KFC Being Smuggled Into Gaza        


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.51 0.08  0.60%
RAD $ 2.80 0.01  0.36%
CSCO $ 23.94 0.30  1.24%
MSFT $ 35.06 0.19  0.54%
WCRX $ 19.60 0.39  2.03%
SIRI $ 3.49 0.01  0.29%
FB $ 25.76 0.49  1.87%
S $ 7.29 0.03  0.41%