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JPY, CHF and Gold the Main Beneficiaries of the Global Economic Uncertainty; Yellen's...

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The investors turned to safe‐haven assets due to the global instability setting the market. The last ten days the main beneficiaries were the Japanese Yen, the Swiss franc and the gold that gained more than 5% against the U.S. dollar and the other major currencies. The stocks market is falling while the oil is more volatile than usual. The Chinese stock market is still in the risk of another turmoil as it fell more than 20% since the beginning of the year. In Eurozone, the finance ministers of

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