Sunday, December 19, 2010

FOREX VIDEO | New York Session Review | December 13, 2010


Demand for the US dollar disappeared and investor appetite for riskier assets returned today as China refrained from raising rates. Pressure on the greenback continued following a warning from Moodys citing increased odds of a negative outlook on the US sovereign rating. The EUR/USD currency pair rose more than 150 pips over the course of the New York session.

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