Valeria B Bednarik's Blog Posts Tagged 'AUD' (1)

Risk dominates the weekly opening

Risk aversion dominates the scenes in Asian opening, with stocks futures strongly down across the board and gold, the ultimate safe haven, reaching another record high at $ 1691/oz by the time of writing. Over the weekend, Standard & Poor's rating agency has downgraded the US government debt to AA+, something with no precedents. The agency, stated that “the downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls…

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Added by Valeria B Bednarik on August 8, 2011 at 12:08am — 1 Comment

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