Daily Report: Dollar and Yen Soft but Momentum Shows Hesitation

Dollar and yen remain generally soft today but selling momentum is weak so far. Overnight’s optimism in US stocks triggered by housing data and FedEx’s earning forecasts was not carried through to Asian session.

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Daily Report: Dollar and Yen Soft but Momentum Shows Hesitation

Tags: asian

This entry was posted on Tuesday, July 27th, 2010 at 1:21 am and is filed under Action Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.