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USD Extends Gains after Equities Weaken

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G10 Advancers and Decliners vs USD
CHF0.13
JPY0.04
EUR0.01
GBP-0.13
Markets were trading in the red this morning, following a weaker close to US equity markets with the Dow closing -0.44% lower. Perhaps the impact was magnified during this Asian session this morning as the Dollar strengthened even further, bolstered by reports that the Fed’s QE measures could be less aggressive then many are anticipating. The Nikkei 225 sold off and was trading -1.14% at the time...

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Tuesday, 28 September 2010 03:28