US Session: Investors Return To Fundamentals After Positive U.S. Employment Data
August 7th, 2009 • Related • Filed Under
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Steady dollar positions turned bullish in the early session after the release of uplifting U.S. employment data. The EurUsd declined 189pips testing resistance at 1.42, while the UsdJpy appreciated 206pips to the mid-range of 97. The GbpUsd was lower, falling 97pips and keeping the cable just below 1.67. Equity markets rose in the U.S. and Europe, with the Dow up by 1.84% or 170.12pts to above… | ||||||||||||||||||||
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