Asia Session
- Posted Friday, July 03, 2009 -
- FXstreet.com
The last day of the Asian week ended in a dynamic fashion right out
of the gate as the Euro extended losses against the US Dollar as it
collapsed almost 175 pips in a wave of stop loss selling in a
thinned market. After yesterday's poor US employment data cast a
dark cloud on the hopes of an early emergence from the global
recession, the Greenback was bought in a hasty fashion as investors
looked for safety as they fled riskier assets. If you didn't look
at a chart after yesterday's Asia close
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