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Risk Appetite Dissaptes as Consumer Confidence Comes in Worse than Expected

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 28, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar appreciated against most majors during intraday trading as poor earnings reports set off a resurgence of pessimism in financial markets. The EurUsd fell 93 pips testing 1.415 as a point of resistance, while the UsdJpy fell nearly 100 pips to the low range of 94. In the UK...

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