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European Market Update: German Feb IFO Business Climate Survey Slumps To A 4-Year Low

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 23, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The JPY currency (Yen) benefitted from risk aversion flows during the Asian session after PBoC lowered the reference rate of the yuan. The Chinese FX action had a 'souring affect' on stock markets in Asia.[​IMG]

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