London Session - September 7, 2009 6:51 AM

Risk was back in favour this morning. Enthusiasm was drawn from the better tone in stocks which in turn came from the reassurances from the G20 Finance Ministers that they will continue with policies aimed at supporting the global economy. In tandem with the rise in stocks, oil prices were again on the increase and, in the fx market, all the usual suspects including the GBP and the EUR moved higher vs the USD. The moves in the CAD, the NZD and the AUD were particularly noteworthy. Full text »