Signs of progress on Eurozone issues promotes risk taking on FX markets - 0 views
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Jackson Mote on 29 Nov 11Over the weekend there were proposals that Germany and the other 5 AAA-rated nations of Europe might start jointly issuing 'Elite' bonds. Pound rates are today being driven by attitude to risk - and what a morning it has been. Equity markets have surged, and risk associated currencies such as the Australian dollar have moved higher.