Trading Floor

Video: FX Update - USD striking back

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February 22, 2011 AUD, BoE, ECB, EURUSD, JPY, Japan, Moodys, USD, forex, johnjhardy, reutersfx
The USD is striking back - but then again, so is the Euro, Japanese Yen and especially the Swiss Franc as risk appetite has finally caved and strong bond markets are boosting the lowest yielding currencies. But will the risk sell-off continue in the coming days or will everyone just buy the dip as they go for yet another round from the QE2 punch bowl?