Forex | Forex | Strong Stocks and Positive Data Boosts Risk Appetite (23/08/2009 21:59:11)

Strong Stocks and Positive Data Boosts Risk Appetite

   EUR/USD - Euro Climbs on Stocks, Good Data The Euro-Dollar pair, after consolidating in yesterday’s session jumped higher today, reaching an intra-day high near 1.4375. The Euro was bolstered by climbing stocks in European markets, which increased risk appetite, but also a positive batch of flash manufacturing and services PMI’s readings for August. The Euro gave up some of its loftier gains, retracing about 50% of today’s rally, before climbing again. For the week we have seen a


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