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European Session: Waiting on NFP
11/06/09 by Daily Forex Snapshots
Filed under Forex & Futures
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The USD weakened versus most of the majors with the exception of the JPY as US equities closed up nearly 2% and Asia markets are also much higher across the board. Positive economic data and optimistic central bank commentary helped spur risk-seeking as EURUSD traded 1.4812-1.4919 and USDJPY 90.88-89.99. Oil is now above $80 and gold remains bid at $1095.
Yesterday, the Bank of England held… |
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