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Euro Setbacks Accelerate on Russia Downgrade

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 4, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Euro sees heavy selling ahead of US open on news of Fitch Russia downgrade. Overseas equities tracking higher. Flight to safety trade bid overnight. Euro setbacks still propped ahead of Tuesday's low. Heavy Japanese, corporate and French selling of AUD/JPY. Sterling/Yen could be poised for major upside correction. (NEWLY ADDED...

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