Euro Extends Gains, Risk Up on ECB Comments and Data
Posted on July 08, 2010 at 09:24 AM EDT
Risk is being bought this morning following not so dovish comments from ECB President Trichet and stronger than expected economic data. Going into the ECB meeting, traders were worried that the Central Bank President would stress the need for ongoing liquidity measures to support the economy and the risks posed by balance sheet adjustments. [...]
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