Safe-haven currencies and bonds gain, stocks slide

EUROPE - Safe-haven currencies and government bonds gained today, Friday 21 September, as jittery investors pulled out of volatile equities, spooked by last week's terrorist attacks in the US.

"The fact that equities have started to fall sharply has unwound some of the optimism earlier in the week that markets were stabilising - as the week has gone on we're beginning to see the true impact of last week's shocking events," said Michael Metcalfe, FX strategist at Credit Agricole Indosuez.

Sinc

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