1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Risk Appetite Surges After Stronger Than Expected China PMI - USD Falls

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jun 1, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The USD has begun the new month on a weak footing, as news from the automotive sector has increased the risk premium on the greenback. It's all but certain that the US largest car manufacturer, GM, will enter bankruptcy protection today. Proceedings should go relatively quickly as negotiations have proceeded...

    complete article here...

Share This Page