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Risk FX Remains Bid But Off Its Highs In Opening Trade

posted by Avatar fx360 416 days ago in USD, EUR, JPY made popular 416 days ago

As we noted last week, risk currencies are benefiting from the renewed interest in the carry trade as currency markets begin to price in a shift in monetary policy across the G-20. Although Friday’s comments by New York Fed President Bill Dudley suggest that some FOMC officials remain reluctant to remove the accommodative bias just yet, the steady
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