Forex | Forex | U.S. Update: Optimism swings (31/07/2009 15:01:18)

U.S. Update: Optimism swings

What happened in Asia Dollar and Yen continued losing ground as optimism about the global economy has helped to boost risk appetite early in the day, also supported by Nikkei that gained 1.9% closing above 10.300 points, highest level of the year. Also, sentiment received an additional boost from the news that an auction of 7-year Treasury notes had attracted strong support from overseas central banks, unlike auctions for 2- and 5-year notes earlier in the week.  EUR/USD break above


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