12.04.12

Yellen’s Dovish Talk Indicates US Recovery Concerns.

Sterling gains on its peers’ economic growth concerns.
Euro trades mildly ahead of the key Italian and Spanish auction.
Fed dovish Yellen talks – US might say yes to QE if necessary.
Aussie advances on out of expectation job data.
Yen loses due to the further easing measures inland.

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Categories: Market Commentary.