Dovish RBNZ Hikes Rates
Thursday, July 29th, 2010 at
1:10 pm
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The Yen extended its strength through the Asian session this morning and was higher against most of the majors on a combination of weaker macroeconomic data and selloffs in the equity sector. Starting with the release of the durable goods orders (-1.0% act v 1.0% exp/-0.8% prev) and continuing through to the release of the Fed’s beige book, it was all about weakening sentiment during last night’s… | ||||||||||||||||||||
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