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Risk Appetite Returns as the Situation in Japan Stabilizes
The positive developments in Japans nuclear crisis seem to have calmed the market, allowing for the renewed accumulation of risk. EURUSD traded up to 1.4200 and USDCHF climbed to 0.9060. Even the escalation of events in Libya failed to generate safe haven flows, as most expect the situation to remain contained. On Thursday, a UN resolution voted to permit limited international military... ...More...
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