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Swine Flu Prompts a Return to Safe Haven Buying

posted by Avatar miskec 1124 days ago in USD, EUR, JPY made popular 1124 days ago

Traders continue to be influenced by the pandemic of Swine Flu in Mexico. Fears of reduced short term economic activity have traders moving out of riskier, higher yielding currencies into the safe haven Dollar and Yen. Crude Oil prices also fell yesterday as investors fear a weakening demand for international travel.
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