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FX Update Article: Better than expected US data pressures the US dollar

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July 27, 2010 asia, aud, cad, forex, fx, stimulus, usd, ushomesales
A rebound in US new home sales, albeit from a low base and following the end of stimulus measures set the trading session off on a strong note as 'risk on'. And don't read too much into inflation rhetoric...
Read the full article http://tinyurl.com/2dszf9t
About Andrew Robinson:
Tradingfloor.com contributor & Asia market specialist Andrew Robinson of Saxo Capital Markets Singapore