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Events in the Middle-East Begin to Pressure FX Markets.
In the Asian session, risk aversion has been gradually seeping into the general psyche of FX traders. The bombardment of graphic images from Bahrain and other Middle East nations combined with official confirmation that Iran is looking to send two naval vessels through the Suez canal has clearly weighed on risk correlated trades. CHF has been the main beneficiary of early safe-haven flow with... ...More...
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Last edited by Mapoth; 03-24-2011 at 09:34 AM.
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