FOREX: Yen Falls on Rating Cut Threat, Dollar Sold Amid Easing EU Debt Fears

The Yen tumbled after Moody’s put Japan on review for a credit rating cut while the US Dollar tumbled as risk appetite recovered amid fading Euro Zone debt crisis fears.

Euro Breaks Above 1.4400; Kiwi Continues to Outperform to 26-Year Highs

Market conditions have returned to normal following the lightened holiday trade and with the resumption comes yet another round of USD selling….

Crude Oil to Follow S&P 500 Higher, Gold Torn Between Competing Forces

Crude oil prices are set to follow US stock markets higher amid a broad upswing in risk appetite while gold is torn between competing macro themes driving markets.

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