Asian Session: BoE Expected to Expand Asset Purchase Program

By Advanced Currency Markets, on July 9th, 2009 in

G10 Advancers and Decliners vs USD
	GBP	0.78
	EUR	0.57
	CHF	0.50
	JPY	-1.05

The last few day have seen some big move in the risk assets on no particular news or events. Just the general impression that the global recovery will take a bit longer to fully entrench itself. The lack of hard driver supports a short term correction of risky assets, which began to take shape in yesterday’s US equity trading and gained some traction in the Asian session. Currently, European…

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