spacemobiles

Currencies – Chilean Peso Falls as US Economy Reduce Risk Appetite

Posted on: May 18, 2011

The Chilean peso fell today as the economic data suggested that the US economy is slowing, therefore reducing demand from investors for higher-yielding, but riskier, currencies. The economic report showed that the US housing market and manufacturing industry slowed last month. The global economy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: