FX Headlines: Temporary Rebound in Risk Appetite Boosts Commodity Currencies
24 Mayıs 2011
| Forex Analizleri
Despite yesterday’s losses across riskier asset classes, a temporary rebound in risk appetite in the overnight fueled by gains in commodities helped boost equity markets in the Asian and European sessions overnight, propping up the commodity currencies ahead of the U.S. session open.
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Although market participants have been aggressively paring back risk in recent trade, Kiwi remains well bid with the currency rallying...