FOREX: Dollar to Retreat as Risk Appetite Recovers, Pound Drops on Bank Downgrade Fears
24 Mayıs 2011
| Forex Analizleri
The Dollar is likely to pull back as risk appetite mounts a corrective recovery. The Pound dropped overnight as Moody’s threatened to cut UK banks’ credit rating.
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Oil and gold are set to follow the S&P 500 lower as Euro Zone debt fears compound existing risk-averse tendencies...