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European Market Update: European Stocks Take Queue From FOMC Minutes And disappointing...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Disappointing Chinese trade data sent off a wave of risk aversion in forex markets. The save-haven flows saw the yen as the main beneficiary. The USD/JPY came off 10-week highs above 104.60 to test below 103.80 as the session began. The pair recovers to move back above the 104 level[​IMG]

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