Forex | Forex | Forex Trading - A Global Stock Market Rally Leads Trading (16/06/2009 14:04:43)

Forex Trading - A Global Stock Market Rally Leads Trading

The USD and JPY regained their status as safe-haven currencies after the release of worse than forecasted economic data from the Empire State Manufacturing Index and TIC Long-Term Purchases reports and a subsequent return to risk aversion. The two currencies gained against most of their major currency pairs amidst a volatile trading day. Today's trading is expected to be volatile as well with major news releases from the U.S and Euro-Zone including the U.S Building Permits and the PPI releases


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