SubscribeUS Session: USD Suffers As Equity Markets Rally
October 19th, 2009 • Related • Filed Under
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It’s been an extremely quiet day in terms of news and releases, so equity markets and positioning have been the major determinants of flows. In early trading the USD was under pressure from buoyant equity markets across Asia and Europe, but GBPUSD was the notable exception as GBP sold off aggressively across the board (GBPUSD to lows of 1.6241, EURGBP to highs of 0.9190). The move appeared to be… | ||||||||||||||||||||
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