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Equities continue to tumble, USD aggressively sold against JPY on safe haven quest

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The Day So Far Equities continuing to tumble this morning despite a calmer session for the Chinese markets, where the Shanghai Composite recovered from some heavy selling early on to close the day almost flat. There are several catalysts for this early January weakness; firstly, the Yen broke aggressively higher against the dollar as investors bid up the ultimate safe haven currency. This led to correlated selling in equities; traders should continue to monitor that currency pair for signs of

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