Waiting for a EU Solution
Dec.10, 2011 in
News
FX price action has been dominated by the headlines from the EU saying “unable to secure treaty changes with backing of all 27 states and change at 17 states more likely”. EUR and AUD, the two currencies most sensitive to European related headlines, sold off. EURUSD traded down to 1.3282 from 1.3375 while AUDUSD fell sharply to 1.0048 from 1.0205. Asian regional indices are trading I n the red…

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