Risk appetite came back marginally in Asian session, giving EUR and equity indices a boost. EURUSD traded up to 1.4200, while the Nikkei rose 1.17%. The rally in sentiment has been equated to President Obama's praising the Gang of Six Senate proposal that could potentially resolve the issues around the debt ceiling. The proposal aims to raise the debt ceiling by $2.4trn, while reducing $3.7trn in... ...More...


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