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FX Risk Appetite Surges & the FOMC on Deck
USD was broadly weaker in today’s Asian session as the pro-risk environment continues to dominate. Even historical risk-averse triggering events could not dampen the market’s positive sentiment. For Japan, S&P cut its outlook to negative from stable which puts S&P in line with Moody’s negative outlook for Japan. While the credit agency cited that fiscal concerns derived from the... ...More...
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