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Daily Video Recap: China & Moody’s Sink Risk Appetite

posted by Avatar FXTimes 696 days ago in USD, Fundamental, Sentiment made popular 696 days ago

Risk aversion ruled today’s markets as we had some sharp words from China’s Premier regarding the yuan and China’s currency policy. The comments increased the chance of a trade war between the two countries which sent traders looking for safe haven in the Dollar and Yen. Moody’s warnings about the UK and US AAA credit rating was another factor weak
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