New York Session, July 27th 2010

27 July 2010 @ 10:50 pm EDT

Today saw correlations breakdown across the board. US Equities were essentially flat (-0.1%), Precious Metals got hammered (Gold -1.8% and Silver -2.9%), the USD was stronger across the board since 8am EDT this morning; EUR/USD -40 pips, USD/CHF +35 pips, USD/JPY +55 pips, USD/CAD +90 pips, AUD/USD -45 pips and NZD/USD -60 pips (except vs. GBP/USD +50 pips), and there was notable weakness in two particular currencies; the Japanese Yen and Swiss Franc – we believe predominantly due to extreme risk averse positioning being unwound.

For more forex information, go to www.forex.com

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy