USD Punished for Lagging Economic Data & Markets Growing Risk Appetite
Aug.05, 2010 in
News
The USD is currently under siege. Despite the stronger-than-expected ISM figures bolstering global equity markets, the downward trend in US economic data and the anti-recovery remarks from notable speakers have taken their toll. The conversation is heavily skewed toward additional forms of QE by the Fed, in what form we’re not exactly sure. Fed Chairman Bernanke stated that the US had a…

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