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Forex: Weaker ISM Manufacturing Fails to Dent Risk Rally

posted by Avatar fx360 907 days ago in USD, EUR, Manufacturing made popular 907 days ago

The risk trade is on! - thanks to a sharp rise in pending home sales and moves by central banks in Asia. The extension of the housing tax credit has helped to boost pending home sales by 3.7 percent, the strongest increase on record. Given that the housing and manufacturing sectors were the hardest hit in the global slowdown, as long as both
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