Forex | Forex Strategies | Risk looks "on" again as risk currencies seem bid into the Europe open (28/07/2009 06:45:45)

Risk looks "on" again as risk currencies seem bid into the Europe open

RBA’s Stevens lights the fire under AUD, dragging other risk currencies along. MAJOR HEADLINES – PREVIOUS SESSION US Jun. New Home Sales out at 384k vs. 352k expected and revised 346k prior US Jun. New Home sales out at +11.0% m/m vs. +3.0% expected and revised +2.4% prior US Jul. Dallas Fed Manufacturing Activity out at -25.5% vs. -11.0% expected and -20.4% prior NZ Jun. Trade balance out at –NZ$417 mln vs. +NZ$265 mln expected and revised +NZ$907 mln prior NZ Jun. Exports out at NZ$3.20 bln


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