SubscribeAsian Session: Risk Appetite Returns Slowly
June 19th, 2009 • Related • Filed Under
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The USD traded broadly higher in the Asian session after a stronger move in early trading. According to Reuters, the British Bankers’ Association (BBA) stated that it would allow more financial institutions to take part in the daily survey, which fixes the London interbank offered rate. Market interpreted this change as USD positive, since there is the belief that higher fixings would increase,… | ||||||||||||||||||||
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