EURUSD Remains Elevated On Asian Equity Gains and Trichet’s Upbeat Tone
Friday, July 9th, 2010 at
1:56 pm
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Overnight, currency markets have traded sideways for the most part as the Asian session lacked any economic releases to drive price action and equity markets managed to post decent gains to round off the week. The Nikkei closed up 0.52%, the Hang Seng climbed an even more impressive 1.45%, and at the time of writing, the Shanghai Composite was up around 2.50%.
Much of the improvement in… |
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