SubscribeDaily Forex Commentary for September 30, 2009
September 29th, 2009 • Related • Filed Under
September 30, 2009
U.S. Dollar Gains as Investors Shy Away From Risky Assets
The U.S. Dollar finished higher on Tuesday against most majors as traders once again curtailed demand for higher risk assets because of a weaker than expected U.S. Consumer Confidence Report and another break in the equity markets. Investors are shying away from risky asset trades because of perceptions that the global economic recovery may not be as robust as previously estimated.
The EUR USD lost ground today because of falling demand for higher risk assets. Comments from European …
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