Thursday, October 4, 2012

Forex Daily Review: Back to Commodities, Soybean is Observed for Gains

01 Oct 2012• Matti Williamson, FX and commodities analyst      Spain Stress Test Results

Friday's session affirmed what I have suspected. Strong weakness in AUD/USD gunned the bulls' stops as the pair continued to head lower with EUR/USD with end of month FX flows assisting the declines. Speculations flooded the market that Spain stress test results will be far higher than the expected

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