Apr 8, 2013
Forex Flash: Investors taste the bitterness of monetary easing – UBS
The Friday's payrolls numbers left much to be desired and equity markets responded accordingly, but FX markets once again showed signs of correlations fatigue. 'Risk-on, dollar on' was already on the wane, but given the disappointment in the US economics and rising fears of another synchronized global growth slowdown, the traditional 'risk-off, dollar on' move did not apply across the board either.
Baca lagi
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