SubscribeUS Session: Dollar Makes Early Gains On Fragile Risk Sentiment But Reverses On US Data
November 3rd, 2009 • Related • Filed Under
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The USD gained against most of its major counterparts in the European morning as equity markets traded heavy and a lack of significant data allowed risk sentiment to dwindle. Norwegian PMI data disappointed with a 45.8 print in Oct, much lower than forecasts for 47.2 and down on the Sep reading at 46.7. EURNOK rallied from 8.5150 to 8.5575 after the release but NOK has recovered strongly this… | ||||||||||||||||||||
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