Featured \Nick Nasad \ 4:38 PM EST \ June 10th, 2010
There was a slew of reports on the fundamental docket including strong Chinese trade data, a strong Australian jobs report and better thane expected Japanese GDP data. That helped set off some risk appetite in global markets. We had 3 central bank decision – from the RBNZ, BOE and ECB. In North America we saw US trade and jobless claims data as well as trade figures from Canada.
DRodriguezFX: In short: COT data still shows an overhang in USD-long positions vs EUR, and options traders betting on/hedging against EURUSD strength. 24 minutes ago from TweetDeck
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Daily Video Recap: A Breakdown of Today’s Fundamental Reports
Featured \ Nick Nasad \ 4:38 PM EST \ June 10th, 2010There was a slew of reports on the fundamental docket including strong Chinese trade data, a strong Australian jobs report and better thane expected Japanese GDP data. That helped set off some risk appetite in global markets. We had 3 central bank decision – from the RBNZ, BOE and ECB. In North America we saw US trade and jobless claims data as well as trade figures from Canada.
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