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US Session: Dollar Gives Back Some Gains, Stocks on Track for Light Rally
Published by DavidWaring
12-03-2008



Default US Session: Dollar Gives Back Some Gains, Stocks on Track for Light Rally

US Session: Dollar Gives Back Some Gains, Stocks on Track for Light Rally

The dollar gave up some of yesterday’s gains against the majors basedon a light reversal in the risk aversion trade. The EurUsd rose over 100pips to the low range of 1.27, while the UsdJpy picked up 45pips moving up to the mid 93 level.



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