Risk appetite returns to the markets – Dollar reaction is mixed after speeches.
February 25, 2009 by admin · Leave a Comment
The speeches by President Obama and Fed Secretary Bernanke aimed to reassure markets got mixed reactions today as equities are up but the dollar posts gains only against the distressed Yen. The dollar was weaker across the board as risk sentiment improved after Bernanke assured the markets that jeopardizing the current public-private franchise in the financial markets by nationalizing the…
