Weekly Review and Outlook: Yen Rallied on Risk Aversion, Dollar Trying to Catch Up
Nov 21, 2009 in Grow Financially, Investment Protection, Opportunities
Japanese strengthened broadly last week on the back of risk aversion as Nikkei dropped through October’s low of 9628 to close at 9497. Dollar lagged behind initial as US stocks extended rally and gold marched further to new record high of 1153. Nevertheless, the greenback caught up towards the end…