SubscribeUS Session: Investors Square Positions Ahead Of FOMC Rate Decision
August 12th, 2009 • Related • Filed Under
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Global markets seemed indecisive of whether they were on the path to recovery ahead of this morning’s FOMC report. The EurUsd rose 60pips, finding support at 1.42, while the UsdJpy rose 30pips to the lower-range of 96. The GbpUsd rose 63pips, lifting the cable slightly above 1.65. Equity markets rose in the U.S. but fell in Europe, with the Dow rising 1.37% or 125pts and the FTSE declining by… | ||||||||||||
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