SubscribeUS Session: Doubts Arise Among Investors Expecting Global Economic Recovery in Near Future
May 29th, 2009 • Related • Filed Under
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The dollar benefited from a reversion back to negative bias regarding the state of financial markets. We didn’t observe a flight to quality into treasuries per se, but an unwind in currencies like the Euro. The EurUsd fell through previous support 1.35 to the high range of 1.34, while the UsdJpy slipped 60pips to the low 95 price area. Comments from FDIC Chairman Sheila Bair stating additional… | ||||||||||||||||
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Dollar Moves Higher
(Contrarian Profits, 5/28/09)
Dollar Edges Higher
(Contrarian Profits, 5/12/09)
Euro spikes to defeat potential reversal pattern - or vaults into spider web?
(UnBiasedTrading (TM), 5/29/09)
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