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Cable Collapses as Risk Gets Clobbered

posted by Avatar fx360 908 days ago in USD, GBP, Technical made popular 908 days ago

Risk aversion dominated trade on the first day of the week, as Shanghai index slid another 5% lower and Japanese GDP figures missed to the downside triggering fears that the recovery trade is topping out. The Shanghai stock market had one of its worst performances of the year dropping -176 points below the key 3000 mark after putting in a double
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