Forex | Forex Blog | Forex and Financial Market Update 10 June 2009 (14/06/2009 18:23:39)

Forex and Financial Market Update 10 June 2009

S&P 500 futures reverse early gains and send higher-risk markets lower:

During the last two-hours of the Asian session early this morning and straight through to the European session the higher-yielding, higher-risk markets saw strong upside moves which has been the typical price action trend of late. The EUR/USD, GBP/USD, GBP/JPY, and EUR/JPY all benefited positively from the strength in crude oil and the S&P 500 futures but as soon as Wall St. ope [...]

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