Dollar and Risk Appetite Dont Rally on Last Minute Deficit Resolution
03 Ağustos 2011
| Forex Analizleri
It came down to the wire; but the US government pushed through an acceptable budget solution just before the country found itself in a technical default. Basic market reasoning would suggest that removing this immediate threat should have spurred translated into a rebound in risk appetite and allowed for a significant rally for the greenback. In fact, the opposite happened in both cases.
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