SubscribeAsian Session: Fickle Investors Return to Stocks
May 29th, 2009 • Related • Filed Under
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The Usd was weaker in the Asian session, as risk appetite rallied back. The EurUsd traded up to 1.3571 from 1.3530, while the UsdJpy was range bound, trading between 96.13 and 96.62. Overall confidence was driven by flow into EM equity markets and better than expected US figures. It seems that the risk rally is full steam ahead (despite negative indicators to the contrary) and participants’ are… | ||||||||||||||||||||
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