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Forex: Decoding the Rally and 3 Reasons Why it is Suspicious

posted by Avatar fx360 1186 days ago in Daily

Currencies and equities have strengthened across the board suggesting that risk appetite may be improving. The dollar, which has been a refuge for safe haven flows, fell against all of the major currencies except for the Japanese Yen. In fact, the rally in USD/JPY has been voracious with the currency pair rising 2.5 percent to an 11 week high.
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