Risk FX Stabilizes on Talk of Fiscal Union
A very quiet night of trade on FX on the first trading day of the week as UK is off on bank holiday resulting in very low liquidity flows during the European session. Risk currencies were generally...
View ArticleAustralian GDP Helps Fuel Recovery in Risk FX
Better data from Australia and hope for some action from EU leaders helped to lift risk FX in early morning European trade today with EUR/USD rising above the 1.2500 barrier while Aussie climbed above...
View ArticleRisk FX Rebounds off the Lows
Risk FX staged a mild rebound in early European trade as equities stabilized and short covering kicked in after several relentless days of selling. The euro recovered above the 1.2400 level while cable...
View ArticleFresh Weekly Lows for Risk FX
Risk FX was under relentless assault in Asian and early European trade today as weak retail sales data from Australia, a denial of any fiscal stimulus plans from China and continued problems with the...
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