Daily video recap (6/14): risk appetite fueled by euro output data dented by greece downgrade
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czeOvernight the risk rally from last week was extended as we had stronger than expected industrial production data from the Euro-zone and quarterly manufacturing report from Japan. The Euro, Pound and commodity currencies rallied against the Dollar, our so called „risk-on” trades. However, in late NY trading Moody’s downgraded Greece which cut gains in US [...]
