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Risk-On Trades Advance as Obama Strikes Tax Deal

posted by Avatar FXTimes 1333 days ago in USD, EUR, Fundamental made popular 1333 days ago

Risk appetite was the dominant theme overnight, with commodities surging helping to boost our commodity currencies higher. Higher yielders in Europe (EUR and GBP) were stronger against the USD as well. A tentative deal to extend all Bush-era tax cuts has helped to push up US futures, as equities in Europe and Asia were generally higher as well. Ris
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