Asian Session: Risky Assets Improve Ahead of Corporate Earnings
July 14th, 2009 • Related • Filed Under
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Risky currencies had a strong rally overnight, as stock markets rallied ahead of some important earnings reports and economic data today. US financials led the US equity markets higher (6.5%), ahead of the first bank earnings release. The positive sentiment has carried over to Asian and European trading. The EURUSD remained elevated, trading in a 1.3960 – 1.4010 range, while the USDJPY traded… | ||||||||||||||||||||
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