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"FX Market News"
The safe-haven US USD fell after EU officials reassured markets the Single currency debt crisis will be contained after a Meeting in Brussels. US GDP data is in focus ahead.
More... →The fresh wave of risk buying in reaction to the Single currencyArea package has been impressive and currencies are tracking to fresh multi-day highs as a result…
More... →Traders were looking for a straightforward plan to come out of the extended EU meeting Wednesday (whether it was ultimately encouraging or not). With risk appetite trends tied into this global fundamental threat, there would be no escaping the headline-prone event. This was especially true for the US USD.
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