By Prieur du Plessis During and since the massive Tohoku earthquake that hit Japan on March 11, global financial markets have been characterized by a high degree of volatility. I thought it would be worthwhile to compare how the different markets reacted and what trends I could pick up. Sources: I-Net Bridge; Plexus Asset Management.
Hard currencies were particularly volatile. The euro was by far the most stable of them all. In the following chart I depicted the yen, US dollar and British pound against the euro. The yen initially strengthened significantly against all currencies, but…
***This is a preview. Please go to http://www.econmatters.com, or mobile reader http://bit.ly/dianchu-mobile for full content. ****
