Forex | Forex Blog | Forex and Financial Market Update 30 June 2009 (01/07/2009 09:08:10)

Forex and Financial Market Update 30 June 2009

Markets show continued vulnerabilities to weak fundamentals:

Besides a healthy round of Q2 profit-taking which occurred across the board today, crude, gold, the S&P 500, Dow, EUR/USD and GBP/USD all came under pressure after astring of poorer than expected fundamentals caused market participants to scale back their risk appetites, sending their money-flows out of the higher-risk, higher-yielding markets and back into the safe havens of the USD, JPY, and [...]

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