Asian and US Stocks Rally, Helping Reverse Part of Yesterday's Action in a Bid of Profit Taking
Friday, November 21st, 2008

Asian stocks rallied helping to increase risk aversion in the markets overnight. That was followed by a late rally in US stocks. After steep declines in carry trade pairs in the middle of the week, traders pared those losses with the Yen falling to higher yielders to end the week.

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Author: cmsfx
Keywords: forex trading finance currencies news economy fx foreign exchange dollar euro yen pound
Added: November 21, 2008