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U.S. Dollar: Is A New YTD Low In Sight?

posted by Avatar fx360 1062 days ago in USD, JPY, Technical

If we were to isolate one theme in the currency market today, it would most certainly be risk appetite. The U.S. dollar weakened against all higher yielding currencies and strengthened against the major currencies with the same or lower interest rate. The biggest mover was the Japanese Yen, which fell 93 pips against the U.S. dollar.
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