SNB - All Talk No Action
Dec.16, 2011 in
News
Risk appetite remained weak in Asian session, as regional indices were broadly lower. EURUSD was relatively subdued, climbing off of yesterday’s 1.2945 lows to 1.3000. AUDUSD came under pressure dropping to 0.9861 as commodities, specifically copper (near limit down at -5%), sold off. The negative sentiment shrugged off better than expected Chinese HSBC flash PMI rose to 49.0, from 47.7 in…

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