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Risk Appetite Out in Full Force - AUD, CAD at Yearly Highs

posted by Avatar FXTimes 759 days ago in CAD, AUD, Sentiment made popular 759 days ago

Risk appetite, which had tentatively returned yesterday, was out in full force during the Wednesday global session. Stocks in Asia closed strongly higher, European indexes were up 2% and risk appetite favored higher yielding currencies at the expense of save havens like the USD. The Australian and Canadian Dollars rallied to multi-year highs vs USD
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