The Commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Monday amid risk aversion, as traders react to weak U.S. monthly jobs data and recent weak data on U.S. manufacturing activity that stocked fears the world's largest economy could slip into a recession after the U.S. Fed seems to have waited too long to cut interest rates. Markets in Japan, South Korea and Taiwan are plunging more than 5 percent.
from RTT - Top Story https://ift.tt/oEK0ifV
via IFTTT
from RTT - Top Story https://ift.tt/oEK0ifV
via IFTTT
Comments
Post a Comment