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Carry Drives The Day As EUR/USD Takes Out 1.4300

posted by Avatar fx360 414 days ago in USD, EUR made popular 414 days ago

Risk FX continued to climb higher in morning European trade buffeted by renewed interest in the carry trade flows as EUR/USD rose to a fresh one year high at 1.4310 while USD/JPY broke above the key 85.00 level not seen since last September. The yen has continued to weaken as currency markets are starting to price in the disparity between the u
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