Asian Session: FX Markets Lack Direction
May 29th, 2009 • Related • Filed Under
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The Usd was mixed in the Asian session, as markets look uncertain of a direction. The EurUsd traded between 1.3440 and 1.3498, while the UsdJpy weakened to 94.60 in early trading before trading up to 94.45, as Europe opened. Economic data last week was mixed at best, with data probably confirming that economic contraction has bottomed out, yet meaningful recovery should not be expected in the… | ||||||||||||||||||||
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