SubscribeAsian Session: N. Korea Missile Test Fails to Spark the Risk Aversion Trade
May 29th, 2009 • Related • Filed Under
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The Usd was range bound in the Asian session as holidays in the UK and US keep trading volumes low. The EurUsd traded between 1.4043 – 1.3977, while the UsdJpy traded higher to 95.20 from 94.40, as traders sold the Yen as a knee-jerk reaction to North Korea’s nuclear tests. The local news agency reported that N. Korea had conducted an underground test, followed by the firing of a short-range… | ||||||||||||||||||||
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