Japan Closed, Markets Steady
Monday, July 19th, 2010 at
9:38 am
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With the Japanese markets closed for a national holiday, currencies haven’t been able to extend on Friday’s large selloff and have been largely stable this morning with a slight US dollar bias. The Greenback’s performance of late has raised questions about it’s status as a safe-haven currency and similarly the positive correlation seen between the major equity markets and pairs such as the EURUSD… | ||||||||||||||||||||
Filed under: News
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