Forex | Forex | Risk aversion was the main theme of yesterday's trading session (03/07/2009 12:28:58)

Risk aversion was the main theme of yesterday's trading session

Risk aversion was the main theme of yesterday's trading session, as US payrolls declined more than expected and unemployment rose to 9.5%. The dollar and the yen strengthened as speculation rose that economic recovery will not occur as quickly as anticipated. The Canadian, New Zealand, and Australian dollars fell on lower commodity prices and decreased investor appetite for risky assets. The euro extended declines after the ECB left rates unchanged and reported that the beginning of the


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