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DailyFX Forex Radio: Risk Aversion Shakes Up FX Markets As Yen Surges, Will The Dow Break Below 12,500?
By DailyFX Radio | January 16, 2008
· Increased risk aversion drives the Japanese Yen higher as Asian, European equities plummet - will the Dow break below critical support at 12,500? (See the Daily Market Brief and Forex Overnight News for more.)
· Today’s release of US CPI could derail Federal Reserve rate cut expectations - what will it do to the US Dollar, Treasuries? (See Cross Market Reactions for more.)
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