Forex | Forex | The market's risk appetite has soured somewhat overnight (16/07/2009 13:45:12)

The market's risk appetite has soured somewhat overnight

Commodity news Following yesterday’s positive sentiment, the market’s risk appetite has soured somewhat overnight, after the troubled US business lender, CIT, said that it was unlikely to be bailed out by the government and therefore could be forced into bankruptcy. Overnight there has been a tendency towards a stronger USD which has also had a negative impact on most commodities. With only second-tier data releases on the calendar today, the main focus in the financial markets will continue


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