Daily Video Recap (6/4): Risk Aversion Grips Market on Hungary, Poor US Jobs Report
Financial turmoil hit the European continent again as a result of Hungary saying they may be at risk of defaulting on its sovereign debt. That sent investors to safe haven assets like the Dollar, Yen and Swiss Franc. A weaker-than-expected non-farm payroll report exacerbated by the flight to safety as it cast doubt on the US recovery’s momentum.
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Analyst: Nick Nasad
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Duration : 0:9:47
Tags: currencies, dollar, Economy, euro, Exchange, finance, foreign, forex, FX, news, pound, trading, yen