» Global Credit Crunch Affects FX Market

Global Credit Crunch Affects FX Market

Currency trading and risk aversionThe global credit crunch is affecting currency trading on the FX market as risk aversion increases. Additionally, higher interest rates in some countries support currencies that may soon fall because there is little economic growth, due to inflation.

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Source : GFT Forex

This entry was posted on Friday, February 29th, 2008 at 14:37 and is filed under GFT Forex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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