SubscribeUS Session: FX Price Action Calm Following Friday’s Moves Canada Seeing Weakness
August 10th, 2009 • Related • Filed Under
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Following Friday’s positive US economic data and dollar movement, investor sentiment turned risk-averse during intraday trading. The EurUsd declined 64pips, testing intraday support at 1.41, while the UsdJpy appreciated 54pips to the bottom-end of 97. The GbpUsd fell 237pips, pressuring the cable to just above 1.64. Equity markets fell in the U.S. but rose in Europe, with the Dow declining .57%… | ||||||||||||||||||||
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