Riskier Assets Tumble amid Global Growth Worries

Source: ForexYard Riskier Assets Tumble amid Global Growth Worries Riskier assets, like the euro and AUD, tumbled on Thursday following the release of a string of negative global data. Worse than expected German news confirmed fears that the euro-zone has gone back into recession. Meanwhile, a decline in Chinese manufacturing caused the aussie to slip against its main currency rivals. Turning to today, traders will want to pay attention to the US New Home Sales figure, scheduled to be released at 14:00 GMT. Analysts are forecasting the figure to increase slightly over last month. If true, the US dollar may see gains against the JPY to close out the week. Economic News USD – Risk Aversion Leads to . . . → Read More: Riskier Assets Tumble amid Global Growth Worries