US Session: Lack Of Fuel For Risk Appetite Allows The Dollar To Rally

10/27/09 by Daily Forex Snapshots  
Filed under Forex & Futures

Print This Post  PDF version Leave a comment 

G10 Advancers and Decliners vs USD
JPY 0.16
GBP 0.02
EUR -0.28
CHF -0.31
The USD has reclaimed more ground against its major counterparts today as a lack of economic data and indifferent performance in equity markets provided little stimulus for risk appetite. The DXY is now comfortably above the 76-handle at 76.20; with EURUSD back around 1.4800 levels and USDCHF testing major resistance up at 1.0250.

The main market-moving news this morning was Swedish PPI data…

Read More …

Print This Post  PDF version Leave a comment 

Comments

Tell us what you're thinking...





Random Posts