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Rating Agencies Knock Greece
Risk appetite corrected slightly this morning after a very long day for risky assets yesterday. The positive economic data from Australia and China helped take the market’s mind off events in Europe. EURUSD was able to lethargically trade off the 1.4256 lows to 1.4350 while USDJPY traded to 80.70 from 80.20. Following Friday’s German article which suggested that Greece was contemplating secession... ...More...
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