Weekly FX roundup: US Fed leaves rates unchanged, Sterling hinges on election news

12 April 2010

The markets opened this past week in a bullish mood following the long Easter weekend with equities and commodities the best performing asset classes. Being boosted by the optimistic jobs report from the previous Friday, US equities and precious metals experienced a build up in risk appetite as the Dow Jones Industrial Average surged to an 18 month high of 11,000.98 before running out of steam and closing just below the 11,000 mark (10,997.35).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications