Featured \Nick Nasad \ 4:35 PM EST \ June 15th, 2010
Risk appetite continued to power the Euro higher as US stocks soared in today’s trading. In a roundup of data from around the world the Bank of Japan unveiled a new program to stimulate lending, a measure of German investor confidence slid sharply, and UK inflation was tamer than expected. In US data a regional US manufacturing survey showed activity expanding, import prices slid, homebuilders became more pessimistic, and foreigners continued to flock to US Treasuries.
alaidi: ICAP January FX avg volumes at $116 billion – 23% from January 2011 when Portugal & Ireland were on the brink #forex 59 minutes ago from TweetDeck
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Daily Video Recap: Data Mixed, But Euro Powers Past 1.23
Featured \ Nick Nasad \ 4:35 PM EST \ June 15th, 2010Risk appetite continued to power the Euro higher as US stocks soared in today’s trading. In a roundup of data from around the world the Bank of Japan unveiled a new program to stimulate lending, a measure of German investor confidence slid sharply, and UK inflation was tamer than expected. In US data a regional US manufacturing survey showed activity expanding, import prices slid, homebuilders became more pessimistic, and foreigners continued to flock to US Treasuries.
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