Forex | Forex Strategies | Risk appetite again fails to soar after more positive data yesterday (26/08/2009 06:32:49)

Risk appetite again fails to soar after more positive data yesterday

The German IFO and US new home sales the major focus data-wise today MAJOR HEADLINES – PREVIOUS SESSION US Jun. S&P/Case-Shiller House Price Index out at -15.44% vs. -16.4% expected and -17.02% prior US Aug. Consumer Confidence out at 54.1 vs. 47.9 expected and revised 47.4 prior US Aug. Richmond Fed Index out at 14 vs. 16 expected and 14 prior US Jun. House Price Index out at 0.5% m/m, -0.7% q/q vs. 0.4%/-0.4% expected and 0.6%/-0.5% prior US Weekly ABC Consumer Confidence out at -45, as


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