Thursday October 25, 2007 - 15:49:58 GMT
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FX Blog: Market Snapshot N.Y. Mid-Session
GVI Market Snapshot-- N.Y. Mid-Session
- Forex market bizarrely trading off every tick in stocks and they are all over the place This is a "hit and run" environment for trading.
- Nevertheless, USD sentiment remains cautiously bearish. Data on Thurdsay added to negative sentiment.
- German October IFO data not as weak as feared.
- Commodity currencies higher vs. the JPY. RBNZ kept rates steady as expected.
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