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23 May 2013
Flash: Markets are displaying classic ‘risk off’ tone – TD Securities
FXstreet.com (London) - Alvin Pontoh , FX & Rates Strategy, TD Securitie said that the FX markets are displaying a classic ‘risk off’ tone with USD being well bid and the JPY even more so.
USDJPY (+0.2% to 102.70). He added that the Antipodeans are the biggest casualty today, with AUD sliding to a fresh one-year low at $US0.9626 and NZD just 30pips away from the $US0.80 mark.
USDJPY (+0.2% to 102.70). He added that the Antipodeans are the biggest casualty today, with AUD sliding to a fresh one-year low at $US0.9626 and NZD just 30pips away from the $US0.80 mark.