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Dollar Whipsaws In Light Trade

posted by Avatar fx360 899 days ago in USD, GBP, Daily made popular 899 days ago

Whipsaw action in the currency market tonight as Asian session sold high beta currencies and bought yen and the dollar on continuation of risk aversion flows after yesterday’s downgrade of Greece only to see the trade reverse completely on massive short squeeze in early morning European dealing. Cable was the prime mover overnight first dropping to
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