SubscribeUS Session: Risk Aversion Trade Back In Play As Investors Await Treasury Auction and FOMC
June 22nd, 2009 • Related • Filed Under
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The U.S. Dollar saw mixed movement today as it rose against Sterling in anticipation of Wednesday’s FOMC meeting where decisions will be made regarding Treasury purchases. The EurUsd fell from 1.3934 to 1.3824 as the World Bank said the global recession would worsen 2.9% in 2009.The GbpUsd saw some volatile movement, jumping between 1.64 and 1.65, with an overall decline of 0.89%. The UsdJpy fell… | ||||||||||||||||
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