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Thursday, August 19, 2010

Daily Forex Video Recap AUGUST 19TH 2010: Horrid US Jobs and Manufacturing Data Sends Stocks, Risk Appetite Reeling

Thursday, August 19, 2010
Daily Forex Video Recap AUGUST 19TH 2010: Horrid US Jobs and Manufacturing Data Sends Stocks, Risk Appetite Reeling

US jobless claims rose to their highest in 9 months, while the Philly Fed manufacturing index turned unexpectedly negative. The fear of a double-dip recession will rise as a result. Currencies tied to risk appetite like the Australian and Canadian Dollars suffered, and the Dollar

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