GO Markets - FX Market Commentary

By Chris Gore
03 February 2010 @ 05:46 pm EDT

An improvement in economic data failed to keep US equity markets buoyant as investors focused on some less than convincing corporate earnings. This resulted in another risk fuelled flock to the greenback, which weighed on key commodities magnifying equity market losses. The US dollar index which measures the dollar's value relative to six major foreign currencies is currently trading .53 per cent higher at 79.43.

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