FX Radio: Risk Aversion Shakes Up FX Markets As Yen Surges, Will The Dow Break Below 12,500?

Published January 16th, 2008 - 04:26 GMT
Al Bawaba
Al Bawaba


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http://media.dailyfx.com/podcasts/FXRadioAM011608.mp3

Key Points

· 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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   Terri Belkas

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