SubscribeUS Session: Dollar Pummeled Under Shift to Positve Bias Regarding Riskier Assets
May 29th, 2009 • Related • Filed Under
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The week started off with a surge in risk appetite causing the dollar to lose ground against most of the G10. There were several components that led to an overall rally in equities and commodities, the core of which is rooted in slightly improving economic data on a global level. The NAHB (National Association of Home Builders) index rose to its 16, for the first time since August of 2008,… |
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