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APAC Currency Corner-Risk Off Redux

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Risk-off redux Risk sentiment is back-peddling once again. Last night we saw declines in both EU and US equities, and investors are seeking shelter under the USD 10-Year Treasury umbrella which saw its yield close below 1.70%. The flight to safe investments has left currency markets treading water amid another wave of “risk off’’ fever. Aussie The Australian dollar plunged overnight driven by equity market falls in the US and Europe. Another bout of risk-off sentiment has gripped the market

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