SubscribeEuropean Session: US Recovery Seems to be Losing Momentum
October 28th, 2009 • Related • Filed Under
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Risk appetite was slightly weaker in the Asian session, as equity markets failed to shake off a weak US consumer confidence figure. The USD strengthened as a consequence, with the commodity currencies losing the most ground. We believe the markets are starting to really take notice of the mounting disparity between relative economic performances. The falling momentum can be seen in the recent US… | ||||||||||||||||||||
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