RBNZ Sounds Dovish But Risk Taking Remains
Thursday, July 29th, 2010 at
1:10 pm
Markets are trading in a lethargic manner as participants continue to nervously take on risk-correlated trades. The move toward risk is logical because without the massive sovereign crisis fear hovering over the market like the Sword of Damocles, one needs to consider the fundamentals – particularly monetary policy, as the core driver. Overall, the rate at which central banks are mopping up…
Filed under: News
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