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Risk Returns Driving Dollar Lower

posted by Avatar fx360 1371 days ago in USD, Technical made popular 1371 days ago

A complete reversal of risk flows and better than expected data from UK and Eurozone helped to lift high beta currencies in early European trade today with pound climbing back above a.6450, Aussie retaking 8250 and euro hitting 1.4150 before retracing a bit. Both the Nikkei and Shanghai stabilized and eking out small gains after yesterday’s massive
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