• Home
• About
  • Who We Are
  • Testimonials
  • Newsletter Prices
  • Privacy Policy
  • Refund Policy
  • Disclaimer
• Contact
  • Advertise
  • Correspondence
• Investment Research
  • Bourbon & Bayonets
  • Wall Street Elite
• Archive
• Forex & Futures
  • Coaching
    • CFS Trader
    • Electronic Futures Trader
  • Commentary
  • Education
    • Emini Trading Strategies
    • The Trading Zone
  • Managed Futures
  • Strategies
    • GnosTICK
  • Systems
    • Advanz
    • Power Growth 8
• Education
  • Glossary of Terms
  • Technical Analysis

Asian Session: Successful US Auction Helps Risk Appetite

05/29/09 by Daily Forex Snapshots  
Filed under Forex & Futures

   

G10 Advancers and Decliners vs USD GBP 0.36 CHF -0.02 EUR -0.11 JPY -0.57

The Usd was weaker in the Asian Session, as the closely-watched US Treasury auction yesterday took place without incident. The EurUsd traded between 1.4005 and 1.3936, while the UsdJpy traded between 95.00 and 95.50. The coverage ratio suggested that there is still strong demand for US sovereign debt and confidence (based on 54.4% share of indirect bids) in the greenback place as the world’s…

Read More …

   

Random Posts

• 04/24/09 -- Daily Forex Commentary for April 27, 2009
• 05/19/10 -- Daily Forex Commentary May 19, 2010
• 11/20/08 -- Boiling Point for Keynesian Economics (Part 3 of 3)
• 08/20/10 -- Market Midday, with news on General Motors, Citigroup (NYSE:C) and BP plc (NYSE:BP)
• 02/12/08 -- The Buffett Bailout
• 04/28/10 -- 5 Tips For an Easier Retirement