Sep 01
The Safe heaven currencies - the US Dollar, Japanese Yen and Swiss franc, were among the best performing currencies last week as risk aversion dominated market sentiment. While Data in the US has been softening in recent months, economic data from emerging Asia has continued to be strong, second quarter GDP for most Asian regions beat expectations and other data has mostly been strong.
As Expected the Pound has continued its pullback against the safe heaven Dollar and the view taken is this has scope to continue as the Pound ...Forex Rate - Forex and Exchange rates