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Oil Prices Extend Decline, Higher Yielders Follow; USD Gains

posted by Avatar FXTimes 741 days ago in Fundamental, Sentiment, Oil made popular 740 days ago

The major theme that we are seeing this week is the sharp slide in oil prices, along with other commodities, which is pressuring risk sentiment and causing "risk-off" trading. Investors and traders, concerned about the prospects of a slowing global recovery are moving our of riskier higher yielding currencies like the EUR, GBP, AUD, CAD and into sa
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