Forex | Forex Strategies | Risk Appetite Falls as US Consumer Sentiment Declines (01/07/2009 00:57:44)

Risk Appetite Falls as US Consumer Sentiment Declines

Risk Appetite Falls as US Consumer Sentiment Declines The dollar reversed overnight losses and gained against its counterparts on Tuesday after US consumer sentiment unexpectedly declined. The weaker consumer sentiment increased risk aversion and the chances of a consumer-led economic recovery. The weak labor market is weighing on consumer spending. Thursday’s US employment report by the Labor Department will be an important indication of consumer spending. Tomorrow we will get the first


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