Risk Aversion

Source: au.rd.yahoo.com --- 27 days ago
The New Zealand dollar slumped overnight, with a sharp slide against the yen as Risk Aversion rose. ...

Source: www.washingtonpost.com --- 4 days ago
YOU KNOW the financial system is in trouble when Washington has to insist that it's not. Last week, President Bush found himself obliged to remind people that their bank deposits were federally insured. After a hearing Tuesday on bailing out mortgage giants Fannie Mae and Freddie Mac, Senate Banking Committee Chairman Christopher J. Dodd (D-Conn.) announced that "the Fannie and Freddie situation is actually a lot better than certainly the fear would have indicated." ...

Source: www.moreover.com --- 16 days ago
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Source: www.marketwatch.com --- 22 days ago
The dollar struggled with the yen in Wednesday’s Asian trading, as the Japanese currency was pushed up by traders who have become increasingly Risk-averse in the face of falling stock prices. ...

Source: www.marketwatch.com --- 26 days ago
The dollar trades flat to modestly lower against major currencies, with increasintly Risk-averse traders unwilling to buy the greenback as oil futures march to new highs and equities lose ground. ...

Source: community.marketwatch.com --- 42 days ago
Last year, financials start to buckle under the stress of an unsustainable business model: financing their expanding appetite for Risk by lending to consumers with ever-weaker balance sheets and an expanding appetite for Risk. We are now seeing a shift. ...

Source: ftalphaville.ft.com --- 13 days ago
Global issuance of convertible bonds has fallen sharply as share prices have tumbled, pushing up the cost of issuing the bonds. In June this year they dropped by over a third from the June last year to $10.54bn, with only 33 deals issued compared with 91 the previous June, according to data from Dealogic. ...

Source: business.theage.com.au --- 27 days ago
The dollar is lower after a bout of Risk Aversion causes investors to sell high-yielding currencies in favour of the yen and Swiss franc. ...

Source: www.fxstreet.com --- 24 days ago
Record high Crude Oil and increasing Risk Aversion hurt Dollar U.S. Dollar Trading (USD) continued it’s downward decent as Equities made new yearly lows and Crude Oil scaled new highs. US data was mixed with May Core PCE Price index increasing only 0.1% vs. expectations of 0.2% negated by Personal Income up 1.9% m/m on the back of US Government stimulus cheques. June Michigan Consumer Sentiment was revised down to 56.4 from 56.7. In U.S. share markets, the NASDAQ was down 5.74 points (-0.25%) ...

Source: www.nzherald.co.nz --- 27 days ago
The New Zealand dollar slumped overnight, with a sharp slide against the yen as Risk Aversion rose. At the same time the United States dollar fell broadly, following on from the Federal Reserve's rate decision early yesterday that... ...

Source: business.scotsman.com --- 47 days ago
LIKE anything purporting to offer the best of both worlds, structured products promise a lot. ...

Source: www.fxstreet.com --- 51 days ago
Yen Rises on Increased Risk Aversion The dollar fell against the yen and Swiss franc on Monday as stocks fell after Wachovia Corp. fired its chief executive officer and Standard & Poor’s lowered its debt ratings on three of Wall Street’s biggest securities firms. European and US manufacturing indicators showed more signs of stagflation as growth is slowing and prices are rising. The euro fell modestly against the dollar. Sterling saw big losses against most key currencies after UK mortgage ...

Source: www.fxstreet.com --- 25 days ago
Action Insight Mid-Day Report Yen Firm on Risk Aversion, CAD Surges on Record Oil Price The Japanese yen remains broadly firm on Risk Aversion today. While dollar remains pressured, strength is EUR/USD and GBP/USD was somewhat limited as both currencies are pressured in respective yen crosses and swissy crosses. Indeed, the biggest winner today so far is the Canadian dollar which ride on another record high in oil price above $142. Data released in US today saw May personal income growth ...

Source: www.fxstreet.com --- 16 days ago
Weak stocks reverse Dollar gains as Risk Aversion spikes higher U.S. Dollar Trading (USD) with little data out today the Dollar took its cue from stocks and commodities. Initial speculation that the G8 would try to tackle the high cost of oil buoyed the Dollar during the Asian and European sessions before reversing on US stock weakness. More concerns from the banking sector lead by mortgage lenders Fannie Mae and Freddie Mac sent stocks spiraling lower dragging the dollar down as well. In the ...

Source: www.fxstreet.com --- 8 days ago
Action Insight Mid-Day Report EUR/USD at New Record High, Yen Surges on Risk Aversion Dollar remains pressured in early US session after a mixed bag of economic data. headline PPI surged much more than expected from 7.2% yoy to 9.2% yoy versus consensus of 8.5% while core PPI was unchanged at 3.0% versus expectation of 3.2%. Retail sales is a disappointment with headline sale growing a mere 0.1% comparing to expectation of 0.5% in Jun. Ex-auto sales rose 0.8% mom, also missed expectation of ...

Source: www.fxstreet.com --- 13 days ago
Market Brief The Usd weakened in Asian session as Risk Aversion crept back into the market. EurUsd jumped to 1.5753 before retracing to 1.5700 support while UsdJpy fell from the 107.33 highs to 106.83. Risk appetite declined as a research report arguing that Freddie and Fannie would need additional capital, circulated in the market sending US and Asian stocks down and 2 year yields fell by 8bps. Carry trades also felt the effect of the sentiment shift with EurJpy falling sharply to 167.83 from ...

Source: www.fxstreet.com --- 8 days ago
Action Insight Daily Report Yen Maintains Broad Based Strength on Risk Aversion While dollar stabilizes a bit against most major currencies, the Japanese yen maintains its upside momentum and continues to climb higher against most currencies as markets are still concerned on the impact of credit crisis to the global economy. The broad based strength in yen argues that the rebound in yen crosses started earlier this year has topped out. Note that Even though there is no confirmation in reversal ...

Source: www.springerlink.com --- 28 days ago
Abstract   When uncertainty is associated with some intrinsically relevant states of nature, there is no reason for an agent to base his or her preferences only on probability distribution of claims. We propose a new concept of Risk for state-contingent claims that, unlike the standard concept of Rothschild–Stiglitz, does not identify state-contingent claims with their probability distribution. This concept is called mean-independent Risk, and we provide a simple characterization in terms of marginal utilities of (non-expected) utility functions that exhibit Aversion to mean-independent Risk. We study implications of Aversion to mean-independent Risk on agents’ choices under uncertainty. Content Type Journal Article Category Research Article DOI 10.1007/s00199-008-0388-y Authors Jan Werner, University of Minnesota Department of Economics Minneapolis MN 55455 USA Journal Economic Theory Online ISSN 1432-0479 Print ISSN 0938-2259 ...

Source: www.fxstreet.com --- 51 days ago
Action Insight Mid-Day Report ISM Still in Contraction, Yen Higher on Risk Aversion While ISM manufacturing index came it better than expected at 49.6. in May, markets are clearly not satisfied as it remained a contraction reading for the fourth month in a roll. Looking at the details of the report, the employment component a big concern, staying deep below 50 at 45.5, just a touch better than Apr's 45.4. Price components surged sharply to 87.0, well above expectation and being the highest ...

Source: www.fxstreet.com --- 50 days ago
Forex News and Events: US ISM manufacturing in May came out better than expected at 49.6 from 48.6 previous. The EURUSD traded between 1.5487 and 1.5590 yesterday. The dollar is under pressure as Risk Aversion comes into the market place following Standard & Poor’s downgrades of several investment banks. Furthermore, the Federal Reserve is closely monitoring oil prices, while traders in Europe eye the ECB for any indications of concern over rising commodity prices and its effects on the ...