By | January 21 2010 6:01 PM

Ongoing concerns of the latest steps by Chinese authorities to regulate growth continued to be a primary catalyst for the latest bout of risk aversion in offshore trading. Meanwhile, US stocks got slammed as President Obama unveiled his own plans to overhaul the once ailing US Banking system, proposing to introduce measures to combat excessive risk taking to prevent another financial crisis, which saw numerous banks seek financial aid. The US dollar's risk appetite/aversion investor relationship is well and truly back on the table with the greenback rising against major counterparts coinciding with the 2 per cent drop on the Dow.