US Dollar and Japanese Yen stayed the strongest

Wednesday, May 5th, 2010

Japanese yen and the US dollar were the strongest of the majors on a day when US stock indices pushed more than 2.5 percent. This shows that market relationships and hazard aversion are active. Actually, the CBOE’s VIX instability index, one of the major market alarm measures, went up over 30 for the first time [...]