PDA

View Full Version : Rand Advances as US Data, China Forecast Whet Risk Appetite - Bloomberg



NewsWhore
06-19-2009, 07:00 AM
<img alt="" height="1" width="1">
Rand Advances as US Data, China Forecast Whet Risk Appetite (http://news.google.com/news/url?sa=T&ct=us/9-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DafKFPR8jhoNY&cid=1263194771&ei=t3I7SqGDG5fzmQfQl5CkCA&usg=AFQjCNFHfUD2HKqtp3DTqFl_jJu5Ecy8xw)
Bloomberg
“The rand is trading in line with global risk appetite,” said Lars Rasmussen, an emerging market currency strategist at at Danske Bank in Copenhagen. “When sentiment improves it tends to benefit riskier assets like the rand.” South Africa&#39;s currency ...


More... (http://news.google.com/news/url?sa=T&ct=us/9-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DafKFPR8jhoNY&cid=1263194771&ei=t3I7SqGDG5fzmQfQl5CkCA&usg=AFQjCNFHfUD2HKqtp3DTqFl_jJu5Ecy8xw)