Dollar bulls brighten from data, risk appetite up The dollar held at one-week highs against a basket of major currencies early on Friday, having benefited from upbeat U.S. data and as investors continued to cut back on safe-havens such as the yen.
Russian banks: An unresolved business? Chris Weafer, founding partner at Macro-Advisory, says Russian banks are assessing risk on exposure by using a more "favorable" exchange rate – from pre-oil declines - than the current rate.
Is the euro the new safe haven? Following calls for parity against the dollar just a few months ago, the single currency is now one of the few assets in the world rallying.
| By: Jenny Cosgrave