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Home | Dollar and Risk Appetite Don’t Rally on Last Minute Deficit Resolution |
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Dollar and Risk Appetite Don’t Rally on Last Minute Deficit Resolution
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- August 02, 2011
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It came down to the wire; but the US government pushed through an acceptable budget solution just before the country found itself in a technical default. Basic market reasoning would suggest that removing this immediate threat should have spurred translated into a rebound in risk appetite and allowed for a significant rally for the greenback. [...]This article (Dollar and Risk Appetite Don’t Rally on Last Minute Deficit Resolution) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
- Read more at:http://www.americanbankingnews.com/2011/08/02/dollar-and-risk-appetite-dont-rally-on-last-minute-deficit-resolution/
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