US SESSION: DOLLAR STRENGTH CONTINUES TRADE IN TANDEM WITH RISK AVERSION
November 12, 2008 at 10:07 AM EST
The dollar rose in intraday trading based on rising risk aversion in the marketplace. The EurUsd sunk over 200 pips to the low 1.25 area, while the UsdJpy was marginally lower to the high range of 97. The GbpUsd dropped…