Ikonfx--The market situation in August has come to an end, which means that the struggle of the risk mood and the hedging emotion will get into a new phase. It’s not difficult to see that the moving trend of the risk currencies which lead by Euro in the past two months was not stable, while the hedging currency has kept rising trend. USD’s up trend is not as smoothly as that of JPY and Swiss Lang, the reason is the concerns on economic health triggered by the weak data, which has limited the currency's rally.
By Catherine [from IKONFX]
Ikonfx: September market’s attention focused on the two events of Europe and US
Published on Friday September 3rd, 2010 at 02:51AM by Happycoffee
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