U.S Dollar and Japanese Yen make the global markets feel uneasy.

Discussion in 'Financial Futures' started by intelligent, Nov 29, 2006.

  1. U.S Dollar and Yen continue to make the way to declining stage. Yesterday the global markets were concerned about the fall of U.S. dollar and Yen. The Euro continued be the main beneficiary of the greenback’s vulnerability, rising to a fresh 20-month high against the dollar. The dollar later framed up from session lows but still appeared under pressure. The Euro also hit new all-time peak against the Yen.

    Since from 4or 5 days, following its downfall the Dollar market is troubling every market globally. So also the U.S. treasuries market was affected. On equity markets, except the S&P 500 index was up by 0.1 per cent at midday , every other index was down.

    The investors were also rethinking about investing since the dollar and yen are in real trouble. The stock markets were also hit by continued dollar concerns and FTSE is no exception.