SubscribeUS Session: Weak Economic Data in US and UK Hamper Green Shoots Theory Leading to Dollar Strength
June 30th, 2009 • Related • Filed Under
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The dollar appreciated against most of the G10 following a series of worst than expected economic news in the US and the UK. The EurUsd fell 41pips to the mid range of 1.40, while the UsdJpy added 25pips hovering above 96. The GbpUsd slid 100pips back below 1.65 a moderate pullback considering recent price action. Equity markets are negative in the US and Europe with the Dow lower by 1% or… | ||||||||||||||||||||
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