The big story continues to be the improvement in risk sentiment
April 5, 2009 by
Filed under Daily Alerts
The shift in risk appetite continues to be the primary driver in FX pricing. Even the awful Non-Farm Payroll, which printed at -663k, couldn’t silence the growing choirs of stabilization in the industrial and global demand cycle. Equity markets are trading higher with the FTSE up 1.41% following Asia’s strong showing (although gains have been attributed to short covering). The Jpy and the Usd…
Go to Source