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Market Cautious After Initial Risk Appetite (6.21.10 Video)

posted by Avatar FXTimes 705 days ago in Technical, Daily, Special made popular 705 days ago

Coming out of this weekend’s announcement from China to unpeg the yuan also known as RMB to the USD, equities rallied globally. Allowing the Chinese currency to float more freely was good for some risk appetite. We saw gaps in some dollar crosses, but the market is...
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