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Dollar Extends Losses in Asian Session

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G10 Advancers and Decliners vs USD
JPY0.22
GBP0.20
CHF0.08
EUR-0.03
Asian markets opened in the green this morning and currencies also posted muted gains against the US Dollar as concerns that the Fed would increase QE kept the Greenback depressed. This follows a day in which the US equity markets posted gains, with the Dow closing +0.43% as a combo of poorer economic data increased the argument that the Fed would increase their QE program; consumer confidence in...

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Wednesday, 29 September 2010 03:19