SubscribeUS Session: Corporate Earnings Growth and Positive Economic Data Lift Markets
August 18th, 2009 • Related • Filed Under
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Better-than-expected economic data overseas managed to revive investor optimism during intraday trading as safe havens sold off in favor of higher risk pairs such as the cable and euro. The EurUsd rose 29pips, finding support at 1.408, while the UsdJpy fell 26pips to the upper range of 94. The GbpUsd appreciated 182pips, bringing the cable slightly above 1.65. Equity markets rose in the U.S. and… | ||||||||||||
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