RALLY IN RISK PUTS PRESSURE ON THE DOLLAR TO THE DOWNSIDE
February 03, 2009 at 22:03 PM EST
We are seeing a light revival in risk appetite putting downside pressure on the dollar. The EurUsd rose nearly 100pips to the mid range of 1.29, while the UsdJpy fell roughly 50pips to the bottoming out around 89. The GbpUsd…
