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“Risk-On” Trades Rally on China, Australia; Euro Up Post ECB

posted by Avatar FXTimes 1074 days ago in Fundamental, Trade, Employment made popular 1074 days ago

Stocks opened very strong in the US session following gains in Asia and Europe, which extended the sense of risk appetite in financial markets and helped to boost “risk-on” trades. Global data was on the plus side and ECB Trichet’s press conference helped the Euro to rally.
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