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Mid-Day Report: JPY Firm on Risk Aversion after Rating Jittery, GBP Tumbled on GDP Di - forex fx daily current outlook

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Old 01-26-2010, 01:10 PM
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Default Mid-Day Report: JPY Firm on Risk Aversion after Rating Jittery, GBP Tumbled on GDP Di

Japanese yen had some jittery today but still managed to gain broadly on risk aversion. Sterling tumbled after release of worse than expected GDP data. Dollar continues to strengthen against major currencies except yen. The greenback is supported as crude oil fails to get hold of 75 level while gold...

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