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No Support For Risk As Data Shows Pain Of High Oil Prices

posted by Avatar fx360 443 days ago in Oil made popular 443 days ago

Weaker economic data from Asia and Europe along with Moody's decision to downgrade Spanish debt drove currency traders back into the arms of the U.S. dollar. U.S. and Canadian data also missed expectations but these secondary reports failed to stem the rally in the greenback as the problems in Europe pose a more immediate and severe threat to risk
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