SubscribeUS Session: Revival of Risk Aversion Ignites Yen and Dollar Strength
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The dollar benefited from an extended bout of risk aversion as Investors and Traders alike pare back risk. The dollar and the Yen rallied across the G10 a typical trend in an environment of greater risk aversion. The Sterling fell as much as 200pips to the low range of 1.61, but has since recovered to the 1.62 level. The Euro slipped nearly 70pips finding support at 1.39 prices have… | ||||||||||||||||||||
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Short Yen, Long Dollar
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