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Equities, Riskier Currencies Sold on Global Recession Fears

posted by Avatar FXTimes 247 days ago in USD, EUR, Sentiment made popular 247 days ago

Currency markets continue to exhibit strong risk off preference in today's trading, as the Japanese yen and US dollar gained against their higher-yielding rivals. Those currencies that are most tied to cyclical growth fluctuations - AUD, NZD, CAD - suffered as traders and investors fretted about the possibility of another global recession.
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