Friday, Nov 14, 2008, 08:00 GMT
By John Hardy FX-specialist, Market Strategist, Saxo Bank
Stocks stepped away from the brink in the US once again, triggering a desperate short squeeze on long JPY and USD positions
Move may mostly reflect nervousness ahead of weekend's G20 meeting. US Retail Sales for October could etch new historical low.
By John Hardy FX-specialist, Market Strategist, Saxo Bank
Stocks stepped away from the brink in the US once again, triggering a desperate short squeeze on long JPY and USD positions
Move may mostly reflect nervousness ahead of weekend's G20 meeting. US Retail Sales for October could etch new historical low.
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