Pound Gains On Producer Inflation Data, Yen Down as Global Stock Recover, Helping To Boost Carry Trade

Monday, May 12th, 2008



Global stocks recovered from their steep losses on Friday, with European stocks boosted by results from HSBC. The Euro, Pound and Dollar recovered vs the Yen, as risk appetite returned to carry trade positions. The Pound was boosted by record-high PPI data.

For full transcript and images visit:
http://www.cmsfx.com/en/forex-resour...-12-08/#recaps