Week Recap: Global Stocks Tumble, Yen and Swiss Franc Gain Big on Euro, Dollar, & Pound
Friday, May 9th, 2008
Global stocks fell as a result of American International Group reported a $7.8 billion loss and Citigroup plans to shed almost $500 billion in assets. Heightened risk aversion helped the Yen and Swiss Franc extended gains from earlier in the week against the other majors.
For full transcript and images please visit:
http://www.cmsfx.com/en/forex-resour...ecap/05-09-08/