Risk appetite extended during early Asia 01- 07- 2009

Risk appetite extended during early Asia, sending Europeans up above past weeks range: Euro spent the session above the 1.4100 while Gbp break the 1.6600 level and hit a fresh year high at 1.6745. Yen gained against dollar and euro, as Japanese investors bought the currency for month-end settlement and the half-year’s repatriation of their overseas assets for bookkeeping.

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