Forex | Forex Strategies | EUR/USD May Lose Risk Appetite Support (11/08/2009 01:59:54)

EUR/USD May Lose Risk Appetite Support

EUR/USD May Lose Risk Appetite Support The dollar and yen rose while US stocks fell on Monday. The S&P 500 declined 3.38 points to 1,007.10. Friday’s decoupling of the weak dollar strong stock market trade has started a debate as to whether the USD price direction is delinking from risk sentiment and if FX focus is shifting toward improving US economic fundamentals. It is still too early to determine. However, we believe the dollar can start to gain even if risk appetite improves,

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