Headlines remain the primary driving force in FX markets. Rumors that the IMF was preparing a plan to lend Italy €600bn gave risk appetite a boast in Asian trading. However, Dow Jones has stated that unnamed IMF officials have denied the package. Asia regional indicates were strong across the board with the Hang Seng up 1.97% and the Nikkei up 1.56%. EURUSD was able to stage a mild rally off the... ...More...


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