Forex | Forex Strategies | The US session took risk appetite in the other direction to Asia yesterday (20/08/2009 07:14:29)

The US session took risk appetite in the other direction to Asia yesterday

Asia extends the run-up in equities but currencies stall below key restsnace levels MAJOR HEADLINES – PREVIOUS SESSION CA Jul. CPI out at -0.3% m/m, -0.9% y/y vs. -0.2%/-0.8% expected and +0.3%/-0.3% prior CA Jul. Core CPI out at flat m/m, +1.8% y/y vs. +0.1%/+1.9% expected and flat/1.9% prior CA Jul. Leading Indicators out at +0.4% m/m vs. +0.2% expected and revised flat reading prior US Weekly MBA Mortgage applications out at +5.6% vs. -3.5% prior THEMES TO WATCH – UPCOMING SESSION (All


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